Priced to sell and delivered completely vacant! This four-family investment opportunity, located at 234 Lakeshore Drive in Pleasant Valley, offers immense value-add potential in a convenient and accessible Dutchess County location. Perfectly positioned for savvy investors, this vacant asset allows you to immediately begin strategic renovations to maximize your rental income and build substantial equity without tenant interruption. The property features private tenant parking alongside individualized outdoor retreats-including a covered front porch for one unit, a lower-level covered patio, and an upper-level terrace/balcony-presenting a rare chance to elevate each unit with its own private, premium living space. The location offers exceptional transit convenience, situated just 2 minutes from U.S. Route 44 and under 7 minutes from the Taconic State Parkway for effortless travel to Westchester County, Albany, and the wider Hudson Valley. The Route 9 corridor, Mid-Hudson Bridge, and Poughkeepsie Metro-North Station-offering direct service to Grand Central Terminal-are all within a quick 15-20 minute drive Tenants will love the lifestyle convenience, with downtown Pleasant Valley's local shops and dining just moments away. The property boasts unparalleled proximity to top-tier recreation and culture, including Freedom Park, the Walkway Over the Hudson, James Baird State Park, Millbrook Vineyards & Winery, and Mill House Brewing Company. It is also exceptionally well-located for student or faculty rentals, sitting near Vassar College, Marist University, Dutchess Community College, and the Culinary Institute of America. Set within the acclaimed Arlington Central School District and close to major medical and employment hubs, this property is an unbeatable opportunity to secure a strong, reliable opportunity to secure an excellently located-family asset.

Property Details of 234 Lakeshore Drive

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 1, 2026 9:24 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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