Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
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Listed by: Howard Hanna Rand Realty
$ 899,900
Est. payment | /mo

7 Beds

4 Baths

3,584 SqFt


Save
$ 899,900
Est. payment | /mo
Save

7 Beds

4 Baths

3,584 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $251

MLS Listing ID 20250404

Style Colonial,Other

Bedrooms 7

HOA Y/N No

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Year Built 1989

Annual Tax Amount $8,852

Tax Year 8852

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Quadruplex

Property Description

Discover an exceptional investment opportunity with this recently renovated and well maintained 4-unit building, perfectly positioned to generate steady rental income with a CAP rate at 8. Nestled on a lovely 0.60-acre lot, this custom 4 unit home sits atop a full, poured concrete foundation allowing for the possibility of additional rental income from the storage space below.
This property features three spacious 2-bedroom units and one 1-bedroom unit, thoughtfully designed for accessibility. Each 830 sq. ft. apartment boasts its own high-efficiency boiler, hot water heater, washer/dryer, and air conditioner—ensuring comfort and independence for every tenant.
Step outside to a serene backyard oasis—the lower-level units enjoy a covered porch, while the upper units feature private balconies with mountain views. The full basement includes two garage bays and four private storage rooms, while the paved driveway offers ample off-street parking for each tenant. This Lake Katrine gem is conveniently located within 15 minutes of Saugerties, Woodstock, and Rhinebeck and only 5 minutes from all the amenities of the town of Ulster. With a strong rental history and room for growth, this property presents an incredible turnkey investment in a highly desirable area.

Location

State NY

County Ulster

Area Ulster-Town Of

Zoning 33

Rooms

Basement Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access

Interior

Interior Features Entrance Foyer, Storage

Heating Baseboard, Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Laminate, Luxury Vinyl

Laundry In Unit, Laundry Closet

Exterior

Exterior Feature Balcony, Lighting, Paved Walkway, Private Yard

Roof Type Shingle

Porch Porch

Building

Lot Description Back Yard, Front Yard, Landscaped

Sewer Public Sewer

Water Public

Architectural Style Colonial, Other

Level or Stories Two

Schools

Elementary Schools Crosby K-4

High Schools Kingston Consolidated

School District Kingston Consolidated

Others

Tax ID 39.81-1-18

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

agent-avatar

+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY, 12477, United States

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16 Fording Place RD