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Listed by: Compass Greater NY, LLC
$ 449,000
Est. payment | /mo
2,970 SqFt
$ 449,000
Est. payment | /mo
2,970 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,970 sqft
Price per Sqft $151
MLS Listing ID 20243039
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1976
Annual Tax Amount $4,219
Tax Year 4219
Lot Size 3.260 Acres
Acres 3.26
Property Description
Calling all buyers looking for a unique property with investment potential in a beautiful mountain setting! This charming 1970s chalet with four apartments would be perfect for a family or friends' getaway, to live in one unit and rent out the others, or rent out the entire property. Close to skiing (4 mountains within 15-30 mins), top hiking spots, and charming towns, it's an ideal four-season retreat or investment.
The ground floor features a spacious two-bedroom apartment with an open dining/living area and a vintage mod woodstove. The second floor has two identical one-bedroom apartments with a shared balcony, and the top floor has a one-bedroom apartment with a private balcony. Each unit has its own entrance, kitchen, and bathroom. The current owner has had success with short-term, seasonal, and long-term rentals.
The property includes 3 acres with a secret meadow plus over 60 acres of adjoining hikeable public land with waterfalls. A stream borders the property and flows into Schoharie Creek, which has a swimming hole and fishing spot. The yard features fire pits, a large stone patio, a shed, a garden area, and a wrap-around driveway.
Just 2.5 hours from NYC, it's perfect for exploring the Catskills. Hunter and Windham ski mountains are about 15 mins away, with many nearby shops and restaurants like West Kill Brewing, Van Dusen's, and Scribner's.
Note: the listing agent has an ownership stake in the property. No current leases in place. Potential for 7%+ cap rate.
The ground floor features a spacious two-bedroom apartment with an open dining/living area and a vintage mod woodstove. The second floor has two identical one-bedroom apartments with a shared balcony, and the top floor has a one-bedroom apartment with a private balcony. Each unit has its own entrance, kitchen, and bathroom. The current owner has had success with short-term, seasonal, and long-term rentals.
The property includes 3 acres with a secret meadow plus over 60 acres of adjoining hikeable public land with waterfalls. A stream borders the property and flows into Schoharie Creek, which has a swimming hole and fishing spot. The yard features fire pits, a large stone patio, a shed, a garden area, and a wrap-around driveway.
Just 2.5 hours from NYC, it's perfect for exploring the Catskills. Hunter and Windham ski mountains are about 15 mins away, with many nearby shops and restaurants like West Kill Brewing, Van Dusen's, and Scribner's.
Note: the listing agent has an ownership stake in the property. No current leases in place. Potential for 7%+ cap rate.
Location
State NY
County Greene
Area Greene
Zoning RR
Interior
Heating Baseboard, Hot Water, Oil
Cooling Window Unit(s)
Flooring Wood
Exterior
Exterior Feature Balcony
Roof Type Shingle
Building
Lot Description Back Yard, Front Yard, Many Trees, Meadow, Wooded
Story 3
Foundation Block
Sewer Septic Tank
Water Well
Schools
High Schools Hunter Tannersville
School District Hunter Tannersville
Others
Tax ID 109.00-1-45
