Who says you can’t afford a second home? Or a first one outside of the city for that matter? Maybe it’s because I want to see you kids realize the dream of home ownership. Or maybe it’s because I want you to suffer old home renovations along with me. Either way, here are some examples of the American Dream for under $100k. Um, TLC needed.
$64,900 in Newburgh
2 Family in need of total rehab. Although this is a shady block, it’s located right off of Broadway. If Newburgh ever does take off, this will be a nice location. There are better Newburgh options out there, but $64,900 for a house located within an hour’s drive of NYC? I couldn’t resist!
$ 84,900 in Ellenville
3 BR single family with tenant. Crappy renovation. Within walking distance to town. Ellenville is a beautiful area, but the village has a ways to go.
$ 85k in Poughkeepise
Now we’re getting somewhere! A home in need of some good lovin’. Looks like it hasn’t been updated in years. Yum, come to mama, baby. 2 Family with freeze damage due to burst pipes. This is in a decent part of town. Poughkeepsie is actually a commuter location as it’s on the Metro North line. It’s over 90 minutes from NYC though.
$ 94,900 in Liberty
4BR, 2230 sq ft on 2.5 acres. Separate cottage on site. Needs work. This is a foreclosure and only cash offers will do. I haven’t been to Liberty in years, but I hear that Sullivan County is becoming quite popular with 2nd home buyers with little money.
Ok, so it’s $5000 over budget. But I had to include it because it’s really the best deal of them all. Coxsackie is a lovely weekend area and this home is located right near the Hudson River. It’s ready to move into and isn’t lacking in charm. At the end of the day, who really wants to work on a second home anyway? Other than fools like me and my husband.
2 Comments
in my neighborhood, “Although this is a shady block, itβs located right off of Broadway” takes on a whole different meaning π
I think Bushwick is safer than Newburgh.
π