Skip To Content
    Return to Previous Page

    101 Glenerie Boulevard

    Ulster, NY 12477
    • $999,000
    • STATUS: Active
    • ON SITE: 149 days
    • MLS #: 133954
    Price Reduced
    $999,000
    • 20
      BEDS
    • 4.1
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    At the end of Glenerie BLVD waits the perfect investment opportunity. 4.1 acres with zoning for 11 residential structures; 11 cabins on the property already. Current owner has been renovating the cabins. 5 cabins are up and running, earning income of $70,200 per year. 3 more cabins are under construction and can be completed before closing with an added income of $54,000 per year. Additional 3 cabins would need renovating and could earn another $54,000. There is also a large garage and parking lot on site for landlord convince.This is an amazing opportunity for the person or group with vision and experience. Rent out the 5 cabins on top of the hill to long term tenants and 6 water from cabins to short term vacation guests. This can be a real home run project for the right group!

    Monthly Payment Calculator



    © 2021 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2021-01-27T23:46:25.44.
    www.gabelrealestate.com/homes/109556182
    Print Image

    101 Glenerie Boulevard Ulster, NY 12477

    • Price: $999,000
    • Status: Active
    • MLS #: 133954
    20
    Beds
    11
    Baths
    0
    ½ Baths
    4.1
    Acres
    1960
    Built
    Neighborhood:
    Saugerties
    County:
    Ulster
    Area:
    Saugerties
    School District:
    Kingston
    Property Description
    At the end of Glenerie BLVD waits the perfect investment opportunity. 4.1 acres with zoning for 11 residential structures; 11 cabins on the property already. Current owner has been renovating the cabins. 5 cabins are up and running, earning income of $70,200 per year. 3 more cabins are under construction and can be completed before closing with an added income of $54,000 per year. Additional 3 cabins would need renovating and could earn another $54,000. There is also a large garage and parking lot on site for landlord convince.This is an amazing opportunity for the person or group with vision and experience. Rent out the 5 cabins on top of the hill to long term tenants and 6 water from cabins to short term vacation guests. This can be a real home run project for the right group!
    Exterior Features

    Construction Frame Lot Measurement Acres Lot Square Footage 178596.00 Number Of Meters 9 Paved Street Yes Roof AsphaltMetal Siding Clapboard

    Interior Features

    Basement Partial Heat Type ElectricGas Number Of Furnaces 6 Number Of Heaters 6 Water Heater Electric Windows Plate GlassVinyl Clad

    Property Features

    Condition Good Electric 200 Amps Flood Zone No Foundation BlockSlabStone Garage Parking Garage And Driveways Other Tax 0.00 School Tax 5991.98 Sewer Septic Tank Town Tax 4197.33 Unit1 Rent 0 Unit2 Rent 0.00 Unit3 Rent 0.00 Unit4 Rent 0.00 Village Tax 0.00 Water Municipal

    Listing provided courtesy of Gregory Kardos of Barns & Farms Realty, Llc.


    © 2021 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2021-01-27T23:46:25.44.
     
    https://bt-photos.global.ssl.fastly.net/ndutchess/orig_boomver_4_133954-2.jpg https://bt-photos.global.ssl.fastly.net/ndutchess/orig_boomver_4_133954-2.jpg https://bt-photos.global.ssl.fastly.net/ndutchess/orig_boomver_4_133954-2.jpg
    Logo
    Gabel Real Estate
    798 Route 203
    Spencertown NY, 12165