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Listed by: Hudson Modern
$ 2,995,000
Est. payment | /mo
26 Beds
12,522 SqFt
$ 2,995,000
Est. payment | /mo
26 Beds
12,522 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,522 sqft
Price per Sqft $239
MLS Listing ID 20260761
Bedrooms 26
Year Built 1960
Annual Tax Amount $19,873
Tax Year 19873
Lot Size 4.700 Acres
Acres 4.7
Property Sub-Type Multi Family
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Turn-key scale, operational efficiency, and long-term upside. Set on 4.7 acres with 5 detached buildings: a main building with 10 various sized units, a single unit cottage, and two motel-style outbuildings, one with 8 units, and one with 2 units. 20 units are currently leased, with a 21st delivered leased at closing. Units are individually metered, supporting transparent operating expenses and clear NOI reporting. The 4.7-acre parcel may offer additional development potential, subject to municipal approvals. Seller may consider some owner financing for qualified buyers.
Nearby communities including Hudson, Leeds, Catskill, and Windham are seeing renewed investment and development activity, from boutique hospitality to mixed-use revitalization projects--driving economic activity and long-term rental stability across Greene County. Located directly off Route 23, it serves a tenant base spanning a range of incomes and occupations. The property delivers dignified, well-maintained housing that tenants stay in, not cycle through--making it especially well-positioned in a region where demand for workforce housing continues to outpace supply.
Nearby communities including Hudson, Leeds, Catskill, and Windham are seeing renewed investment and development activity, from boutique hospitality to mixed-use revitalization projects--driving economic activity and long-term rental stability across Greene County. Located directly off Route 23, it serves a tenant base spanning a range of incomes and occupations. The property delivers dignified, well-maintained housing that tenants stay in, not cycle through--making it especially well-positioned in a region where demand for workforce housing continues to outpace supply.
Location
State NY
County Greene
Area Cairo
Zoning 01
Exterior
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 1
Garage Yes
Schools
High Schools Cairo-Durham Central School District
School District Cairo-Durham Central School District
Others
Tax ID 192400
NEARBY SCHOOL & BUSINESS
