Saugerties, NY 12477,38 Montgomery ST
Saugerties, NY 12477,38 Montgomery ST
Saugerties, NY 12477,38 Montgomery ST
Saugerties, NY 12477,38 Montgomery ST
Saugerties, NY 12477,38 Montgomery ST
Saugerties, NY 12477,38 Montgomery ST
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Listed by: Charles Winters Real Estate

$224,888

$239,000

5.9%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

2,720 SqFt


SOLD DATE : 05/13/2021

Key Details

Sold Price $224,888

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $82

MLS Listing ID 20204683

Sold Date 05/13/21

Bedrooms 6

Full Baths 2

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

Year Built 1890

Annual Tax Amount $4,624

Tax Year 4624

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 0.27

Property Description

Two 3 Bedroom Apartments located in the Village of Saugerties - 2 100 Amp Electric Services - 2 Hot Water Heaters - Both Apartments are identical - Living Room, Dining Room, and Eat in Kitchen Downstairs and there is a washer hook up in both sides - 3 Bedrooms, in one of the bedrooms in each apartment, there is another large space attached, either a big walk in closet or the tenant in apartment # 1 uses it as a 4th bedroom and the Full Bath Upstairs - Walking to Everything in the Village of Saugerties - Saugerties Beach - Tina Chorvas Park - Cantine Memorial Field for All of Your Sporting Needs - Kiwanis Ice Arena - Saugerties Stallions - Tennis Courts - Play Grounds - Soccer Fields - Shopping - Dining - Night Life - Saugerties High School - Cahill Elementary - 4th of July Parade - Sawyer Motors Car Show - Garlic Festival - Mum Bowl Festival and Numerous other Activities - Apartment # 1 is currently paying $950.00 monthly and has a one year lease starting June 1st, 2020 - They have Nature Gas Heat for the Downstairs and Electric Heat in the Upstairs Bedrooms and Bathroom - Apartment # 2 is currently paying $800.00 monthly - currently on a month to month lease however has been at the location for 15 years - This apartment has Nature Gas Heat with Radiators throughout the apartment - There is a Washer Hook up in Both Apartments - There is an entrance to the Basement from within both Apartments however you MUST use the Outside Entrance to get into the Basement - The Owner only pays the Water/Sewer, Taxes and Insurance - The Tenants pays everything else. Apartment # 1 pays $950.00 Monthly - Apartment # 2 pays $800.00 Monthly = $21,000.00 Yearly - Expenses - $1,413.63 Village Taxes, $3,208.51 School Taxes, $947.42 General Taxes, $1,643.00 Insurance and Approximately $500.00 yearly for water/sewer (this is billed quarterly and normally runs around $110.00 Quarterly) = $7,712.56 / Yearly Net Profit $13,287.44.

Location

State NY

County Ulster

Area Saugerties-Vlg

Rooms

Basement Crawl Space, Dirt Floor

Interior

Interior Features Eat-in Kitchen, High Speed Internet

Heating Electric, Natural Gas, Radiant

Cooling Ceiling Fan(s), None

Flooring Carpet, Hardwood, Linoleum

Fireplace No

Exterior

Fence Fenced, Partial

Roof Type Asphalt,Shingle

Garage No

Building

Lot Description Landscaped, Level

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Cahill K-6

High Schools Saugerties Central Schools

School District Saugerties Central Schools

Others

Acceptable Financing Cash, Lease Option

Listing Terms Cash, Lease Option

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+1(518) 205-9555

jason@dugorealty.com

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

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