181 Glenerie BLVD new Save Request In-Person Tour Request Virtual Tour
Lake Katrine,NY 12449
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,544 sqft
Price per Sqft $242
MLS Listing ID 20255011
Year Built 1970
Annual Tax Amount $9,967
Tax Year 9967
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions irregular
Property Sub-Type Other
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.
Location
State NY
County Ulster
Area Ulster-Town Of
Zoning 32
Interior
Heating Hot Water,Propane
Cooling Wall/Window Unit(s)
Flooring Carpet,Luxury Vinyl,Vinyl,Wood
Exterior
Utilities Available Cable Available,Electricity Connected,Sewer Not Available,Water Connected,Propane
Roof Type Asphalt,Metal
Building
Lot Description Level
Story 1
Foundation Slab,See Remarks
Sewer Septic Tank
Water Public
Schools
High Schools Saugerties Central Schools
School District Saugerties Central Schools
Others
Tax ID 39.7-8-15