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Listed by: Redfin Real Estate
$ 729,000
Est. payment | /mo
6 Beds
3,200 SqFt
$ 729,000
Est. payment | /mo
6 Beds
3,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $227
MLS Listing ID 20260781
Bedrooms 6
Year Built 1949
Annual Tax Amount $11,433
Tax Year 11433
Lot Size 49299.441 Acres
Acres 87120.0
Property Sub-Type Multi Family
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with
beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential. The
property includes four well-proportioned units, each with its own meter and designated parking: Studio with full bath -- long-term tenant in place
2BR / 1.5BA unit -- recently refreshed and move-in ready 2BR / 2BA duplex -- tenant in place 1BR / 1BA landlord suite -- includes a generous
living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal
renovations & cosmetic updates, the suite could serve as a very comfortable owner's residence while the remaining units offset carrying expenses.
Land & Development Potential The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an
extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey
is included to support future development or expansion. Notable improvements and features include: Recent connection of all units to city water
20-year leach field Recent (favorable) roof inspection Preliminary evaluation of additional acreage for organic farming (details can be provided to
contracted buyer, if desired) The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening,
relaxing, or barbecuing from the owners' suite patio. A beautiful stream runs behind the property, with a bridge providing access to the
remaining acreage. Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment
opportunity in a desirable area, this property offers impressive potential. • Mountain views • County & Private Road access • Convenient to
Woodstock, Saugerties & the Catskills.
beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential. The
property includes four well-proportioned units, each with its own meter and designated parking: Studio with full bath -- long-term tenant in place
2BR / 1.5BA unit -- recently refreshed and move-in ready 2BR / 2BA duplex -- tenant in place 1BR / 1BA landlord suite -- includes a generous
living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal
renovations & cosmetic updates, the suite could serve as a very comfortable owner's residence while the remaining units offset carrying expenses.
Land & Development Potential The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an
extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey
is included to support future development or expansion. Notable improvements and features include: Recent connection of all units to city water
20-year leach field Recent (favorable) roof inspection Preliminary evaluation of additional acreage for organic farming (details can be provided to
contracted buyer, if desired) The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening,
relaxing, or barbecuing from the owners' suite patio. A beautiful stream runs behind the property, with a bridge providing access to the
remaining acreage. Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment
opportunity in a desirable area, this property offers impressive potential. • Mountain views • County & Private Road access • Convenient to
Woodstock, Saugerties & the Catskills.
Location
State NY
County Ulster
Area Saugerties-Town
Zoning 04
Schools
High Schools Saugerties Central Schools
School District Saugerties Central Schools
Others
Tax ID 4889-009.003-0007-045.100-0000
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