141 Ulster AVE Active Save Request In-Person Tour Request Virtual Tour
Saugerties,NY 12477
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,316 sqft
Price per Sqft $246
MLS Listing ID 20243743
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1895
Annual Tax Amount $9,186
Tax Year 9186
Lot Size 1,350 Sqft
Acres 0.03
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY!!! Welcome to 141 Ulster avenue. This clockwork, 6-unit building is now available for the first time in 25 years. This property is the epitome of convenience. Within a one block area tenants have restaurants, grocery shopping, gas, and veterinary care. Only 3 minutes from both Main street in Saugerties AND the Saugerties thruway exit.
This property has 3 commercial units on the first floor (Violet Sheers, Moorhus Computers, and Lamont Engineering) along with 3 residential units on the second floor. All units are currently occupied, however all tenants are on month to month rental agreements. Many tenants have lived/worked in the building for over 10 years. All units are separately metered for gas and electricity and paid by the tenants.
Tenants also enjoy their own off-street parking in a private parking lot.
The residential units are all HUGE 1-bed/1-bath apartments with plenty of natural light and real wood floors. No cheap laminate flooring to replace. Rents are currently well below market value. Apartments this size can rent between 1,800 and 2,000 per month.
With barely any overhead, this building is your chance to establish yourself or expand into the wonderful Saugerties community. Convenience like this is rare beyond description so don't let this opportunity slip away.
Location
State NY
County Ulster
Area Saugerties-Vlg
Zoning 05
Interior
Heating Heat Pump,Hot Water,Natural Gas
Cooling Window Unit(s),Other,See Remarks
Flooring Concrete,Tile,Wood,See Remarks
Exterior
Exterior Feature None
Fence None
Utilities Available Cable Connected,Cable Not Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Connected,Water Available
Roof Type Rubber,Shingle
Building
Lot Description Paved
Story 2
Foundation Concrete Perimeter,Slab
Sewer Public Sewer
Water Public
Others
Tax ID 480101805300010230000000