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Listed by: Keller Williams Realty HV Nort
$ 950,000
Est. payment | /mo
5 Baths
3,650 SqFt
$ 950,000
Est. payment | /mo
5 Baths
3,650 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,650 sqft
Price per Sqft $260
MLS Listing ID 20264167
Year Built 1900
Annual Tax Amount $5,966
Tax Year 5966
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Other
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Welcome to an exceptional investment opportunity in the charming riverfront Village of Athens, where historic character meets modern upgrades. This beautifully restored five-family brick building has been thoughtfully renovated from top to bottom, offering investors a true turnkey property with strong cash flow and long-term value.
Between 2021 and 2022, the property underwent an extensive gut renovation, with the exception of Apartment 2, preserving its charm while modernizing the remaining units with updated systems, finishes, and amenities. The result is a meticulously maintained, income-producing asset that blends timeless architecture with today's conveniences.
Fully occupied with reliable tenants, this property delivers an excellent cap rate and immediate income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is the type of investment that rarely becomes available--well maintained, fully leased, and positioned for continued appreciation.
Located in the heart of the vibrant river town of Athens, residents enjoy walkable access to restaurants, coffee shops, boutiques, parks, and the Hudson River waterfront. Just minutes to Hudson via ferry, Amtrak, Catskill, Coxsackie, and the NYS Thruway, the location offers the perfect blend of small-town charm and easy access to the Capital Region and Hudson Valley.
A proven money maker with quality renovations, strong occupancy, and outstanding income potential--this is an investment property you won't want to miss.
Between 2021 and 2022, the property underwent an extensive gut renovation, with the exception of Apartment 2, preserving its charm while modernizing the remaining units with updated systems, finishes, and amenities. The result is a meticulously maintained, income-producing asset that blends timeless architecture with today's conveniences.
Fully occupied with reliable tenants, this property delivers an excellent cap rate and immediate income from day one. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is the type of investment that rarely becomes available--well maintained, fully leased, and positioned for continued appreciation.
Located in the heart of the vibrant river town of Athens, residents enjoy walkable access to restaurants, coffee shops, boutiques, parks, and the Hudson River waterfront. Just minutes to Hudson via ferry, Amtrak, Catskill, Coxsackie, and the NYS Thruway, the location offers the perfect blend of small-town charm and easy access to the Capital Region and Hudson Valley.
A proven money maker with quality renovations, strong occupancy, and outstanding income potential--this is an investment property you won't want to miss.
Location
State NY
County Greene
Area Athens
Zoning 05
Others
Tax ID 122.18-6-16
NEARBY SCHOOL & BUSINESS
