Description
Commercially zoned 2-family with an additional detached garage unit in the Village of Catskill with a positive NOI of just under $40K. A full interior renovation was done in 2019 that included; new kitchens, bathrooms, and appliances (ranges, refrigerators, washer/dryer) in both units, the exterior painted, deck & stairs rebuilt, and plumbing updated throughout the home. Additionally, an entire new heating system (Weil McClann boiler) and all heating pipes throughout the home were installed along with a new hot water heater in 2019. In 2021, electrical upgrades were completing including new circuit breakers, new service connection, and rewiring of the upstairs kitchen. Downstairs unit is a 3 bed 1 bath, upstairs unit is a 4 bed 1 bath, and there is an additional 3-bay detached garage being rented out separately. An easy cash-flow opportunity to begin your investment journey in the revitalizing Village of Catskill or a great addition to your portfolio. *Photographs are taken in 2022 prior to tenants moving in. Most large furniture items are included in the sale minus tenant personal belongings.
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7BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
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2,184SQFT
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$211$/SQFT
Description
Commercially zoned 2-family with an additional detached garage unit in the Village of Catskill with a positive NOI of just under $40K. A full interior renovation was done in 2019 that included; new kitchens, bathrooms, and appliances (ranges, refrigerators, washer/dryer) in both units, the exterior painted, deck & stairs rebuilt, and plumbing updated throughout the home. Additionally, an entire new heating system (Weil McClann boiler) and all heating pipes throughout the home were installed along with a new hot water heater in 2019. In 2021, electrical upgrades were completing including new circuit breakers, new service connection, and rewiring of the upstairs kitchen. Downstairs unit is a 3 bed 1 bath, upstairs unit is a 4 bed 1 bath, and there is an additional 3-bay detached garage being rented out separately. An easy cash-flow opportunity to begin your investment journey in the revitalizing Village of Catskill or a great addition to your portfolio. *Photographs are taken in 2022 prior to tenants moving in. Most large furniture items are included in the sale minus tenant personal belongings.
© 2023 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: 2023-03-24T17:46:43.493.