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    5207 Route 32

    Catskill, NY 12414
    • $3,499,900
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 136162
    UPDATED: 31 min ago
    $3,499,900
    • 40
      BEDS
    • 11.6
      ACRES
    • 32
      BATHS
    • 3
      1/2 BATHS
    • 32,000
      SQFT
    • $109
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    A Great Investment Property with a Bar, Restaurant, & Motel with up to 37 Rental Units on 11.6 Acres! There are 37 total units: 1 bar & restaurant, 31 residential rental units, 1 RV site, 3 garages, & 1 storage shed. The annual rent roll is $366,840 which does not include the commercial bar/restaurant, 2 garages, & 1 shed. There's additional income that comes from the vending machines & the coin-operated laundry. The bar/restaurant is 4,500 sq ft with a 2,500 sq ft apartment on the 2nd floor. The bar is 22 x 26 ft, the dining room is 24 x 45 ft, the commercial kitchen is 24 x 24 ft, along with 3 other dining & game rooms. The bar/restaurant is currently not operating under the pandemic. There are a total of 59 bedrooms, 34.5 baths, an outdoor pool, multiple parking areas, & an outdoor barbecue pavilion. There are 3 driveway entrances, 12 septic tanks, 6 wells, & purchased solar panels. There are lawns, yards, & space on the property to expand or subdivide. It's an Amazing Property!

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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: 2021-02-26T13:46:23.06.
    www.gabelrealestate.com/homes/113986066
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    5207 Route 32 Catskill, NY 12414

    • Price: $3,499,900
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 136162
    40
    Beds
    32
    Baths
    3
    ½ Baths
    11.6
    Acres
    32,000
    SQFT
    $109
    $/SQFT
    1980
    Built
    Neighborhood:
    Catskill
    County:
    Greene
    Area:
    Catskill
    School District:
    Catskill
    Property Description
    A Great Investment Property with a Bar, Restaurant, & Motel with up to 37 Rental Units on 11.6 Acres! There are 37 total units: 1 bar & restaurant, 31 residential rental units, 1 RV site, 3 garages, & 1 storage shed. The annual rent roll is $366,840 which does not include the commercial bar/restaurant, 2 garages, & 1 shed. There's additional income that comes from the vending machines & the coin-operated laundry. The bar/restaurant is 4,500 sq ft with a 2,500 sq ft apartment on the 2nd floor. The bar is 22 x 26 ft, the dining room is 24 x 45 ft, the commercial kitchen is 24 x 24 ft, along with 3 other dining & game rooms. The bar/restaurant is currently not operating under the pandemic. There are a total of 59 bedrooms, 34.5 baths, an outdoor pool, multiple parking areas, & an outdoor barbecue pavilion. There are 3 driveway entrances, 12 septic tanks, 6 wells, & purchased solar panels. There are lawns, yards, & space on the property to expand or subdivide. It's an Amazing Property!
    Exterior Features

    Color BrownWhite& Other Construction BrickFrame Lot Measurement Acres Lot Square Footage 505296.00 Number Of Meters 0 Paved Street Yes Roof AsphaltMetalShingle Siding BrickStoneVinylWood

    Interior Features

    Basement CrawlPartialSlab Heat Type Base BoardElectricHot AirHot WaterPropaneSpace Heater Number Of Furnaces 6 Number Of Heaters 0 Water Heater Off Furnace Windows Double HungDisplay

    Property Features

    Condition Good Electric Other Flood Zone No Foundation BlockPoured ConcreteSlabWood Garage Parking Multiple Parking Areas Other Tax 0.00 School Tax 17755.15 Sewer Septic Tank Town Tax 9366.03 Unit1 Description See Attached Rental Units List Unit1 Rent 0 Unit2 Description See Attached Rental Units List Unit2 Rent 0.00 Unit3 Description See Attached Rental Units List Unit3 Rent 0.00 Unit4 Description See Attached Rental Units List Unit4 Rent 0.00 Utilities Included Attached To The Listing is A Breakdown Village Tax 0.00 Water Well

    Listing provided courtesy of Theodore Banta III of Rip Van Winkle Mountain Realty.


    © 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: 2021-02-26T13:46:23.06.
     
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    Gabel Real Estate
    798 Route 203
    Spencertown NY, 12165