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Description

FABULOUS 6-unit income producing property looking for its next investor to take over. This property offers 2 houses with 1 bedroom plus a den, which is being used as a second bedroom on each floor. The chalet offers 1 bedroom plus a loft upstairs, and a 1 bedroom apartment on the first floor. This property is fully rented and generating a 5% cap rate. The owner is currently paying snow/ lawn care, heat and the electric and still generating a substantial amount of income. Beautiful well maintained property located on a quiet road near the Kaaterskill Creek and MainStreet in Catskill.

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© 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: 2021-09-20T06:46:23.903.
www.gabelrealestate.com/homes/112974832
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40 Village View Lane , R Catskill, NY 12414

  • Price: $574,000
  • Status: Active
  • Updated: 31 min ago
  • MLS #: 135818
9
Beds
6
Baths
0
½ Baths
2.55
Acres
3,168
SQFT
$181
$/SQFT
1975
Built
Neighborhood:
Catskill
County:
Greene
Area:
Catskill
School District:
Catskill
Property Description
FABULOUS 6-unit income producing property looking for its next investor to take over. This property offers 2 houses with 1 bedroom plus a den, which is being used as a second bedroom on each floor. The chalet offers 1 bedroom plus a loft upstairs, and a 1 bedroom apartment on the first floor. This property is fully rented and generating a 5% cap rate. The owner is currently paying snow/ lawn care, heat and the electric and still generating a substantial amount of income. Beautiful well maintained property located on a quiet road near the Kaaterskill Creek and MainStreet in Catskill.
Exterior Features

Construction Frame Lot Measurement Acres Lot Square Footage 111078.00 Number Of Meters 6 Paved Street Yes Roof Asphalt Siding BrickT111

Interior Features

Basement Slab Heat Type Base Board Number Of Furnaces 3 Number Of Heaters 3 Unit1 Appliances RangeRefrigerator Unit1 Rooms Living RoomDining RoomKitchenBedroomsBathrooms Unit2 Appliances RangeRefrigerator Unit2 Rooms Living RoomDining RoomKitchenBedroomsBathroomsOther Rooms Unit3 Appliances RangeRefrigerator Unit3 Rooms Living RoomDining RoomKitchenBedroomsBathrooms Unit4 Appliances RangeRefrigerator Unit4 Rooms Living RoomDining RoomKitchenBedroomsBathrooms Water Heater Electric Windows Double Hung

Property Features

Condition Good Electric 100 Amps Flood Zone No Foundation Block Other Tax 0.00 School Tax 7761.00 Sewer Septic Tank Town Tax 3813.00 Unit1 Description Brown House-Up Unit1 Electric Incl No Unit1 Heat Included Yes Unit1 Rent 950 Unit2 Description Brown-Down Unit2 Electric Incl No Unit2 Heat Included Yes Unit2 Rent 875.00 Unit3 Description Green-Up Unit3 Electric Incl No Unit3 Heat Included Yes Unit3 Rent 800.00 Unit4 Electric Incl No Unit4 Heat Included Yes Unit4 Rent 760.00 Village Tax 0.00 Water PrivateWell

Listing provided courtesy of Michael Barros of Win Morrison Realty - Kingston.


© 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: 2021-09-20T06:46:23.903.
 
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Gabel Real Estate
798 Route 203
Spencertown NY, 12165