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Saugerties,NY 12477
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,308 sqft
Price per Sqft $150
MLS Listing ID 20251189
Style Colonial
Bedrooms 9
HOA Y/N No
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1954
Annual Tax Amount $6,821
Tax Year 6821
Lot Size 0.930 Acres
Acres 0.93
Property Sub-Type Multi Family
Property Description
Charming 3-Unit Multi-Family Property in Saugerties, NY! This fantastic investment opportunity is perfectly situated near the best of the Catskills! Located on the way to Windham, Hunter, and Belleayre Mountains, it is ideal for winter sports enthusiasts. In the warmer months- enjoy nearby hiking trails, swimming spots, and outdoor adventures. Just a short drive away from downtown Saugerties and Woodstock, as well as the vibrant shopping, dining, and entertainment scene in Kingston, NY. Whether you're looking for a rental income property or a home with extra units, this prime location offers convenience, nature, and year-round appeal! Upstairs unit offers stunning mountain views year round from not only the balcony but from the beautiful windows the unit offers. Downstairs has 3 bedrooms and offers a large living/family room combination. The main unit provides a large living room, dining room combination with 3 bedrooms and an extra room that could be an additional bedroom, office or playroom. There is also a potential studio or office space attached to this unit with a kitchenette and bathroom. Additionally, there is a wired barn on the property that provides additional storage, office space or work-room. Projected number for upstairs unit is :2,500.00. Downstairs unit is: 1,200.00. Main unit is: 2,000.00. The NOI for these figures is: 53,308.00 with a CAP Rate is: 7.
Location
State NY
County Ulster
Area Saugerties-Town
Zoning 02
Rooms
Basement Concrete,Crawl Space,Dirt Floor,Interior Entry,Unfinished
Interior
Interior Features Beamed Ceilings,Ceiling Fan(s),Eat-in Kitchen,Open Floorplan,Pantry,Storage
Heating Hot Water,Oil
Cooling Ceiling Fan(s)
Flooring Carpet,Combination,Laminate,Linoleum,Tile,Vinyl,Wood
Fireplace No
Laundry Gas Dryer Hookup,In Unit,Laundry Room,Lower Level,Multiple Locations,Sink,Washer Hookup
Exterior
Exterior Feature Balcony,Paved Walkway,Smart Camera(s)/Recording,Storage
Fence Fenced,Vinyl
Pool None
Utilities Available Cable Available,Cable Connected,Electricity Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Propane
View Meadow,Mountain(s),Rural,Trees/Woods
Roof Type Metal
Porch Covered,Rear Porch
Garage No
Building
Lot Description Back Yard,Front Yard,Landscaped,Level,Many Trees,Paved,Views,Wooded
Story 2
Foundation Combination,Concrete Perimeter,Slab,Stone
Sewer Septic Tank
Water Well
Architectural Style Colonial
Level or Stories Two
Schools
High Schools Saugerties Central Schools
School District Saugerties Central Schools
Others
Senior Community No
Tax ID 2.3-2-19
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional