Listing Courtesy of: Brian Kozloski - Century 21 New West 518-943-2620

202 Paul Saxe Rd Catskill, NY 12414

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General Commercial Residence
8 Beds
8 Baths
3,240 Sq. Ft.
1.7 Acre Lot

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Last updated on 11/25/2024 12:17 PM
Investment opportunity in Catskill NY! 5 Unit income producing property with 4 apartment rentals that provide 2 bedrooms and 2 bathrooms each. The fifth remaining unit is a sizeable storage barn that is also rented. Each unit offers a simple open floor plan, with abundant light and modern amenities.... Four of the eight bathrooms have been renovated in the last 5 years to help ensure tenant satisfaction so that the property will maintain a high occupancy rate and provide a solid and reliable income stream. The property also provides ample parking for each unit and the barn. This property currently generates a nearly 8% cap rate of return for the Landlord. With tenant turnover and actual fair market rents the cap rate could certainly be pushing 10%. This property is within minutes of Catskill's beloved Story Farm's and fresh fruit, flowers, and vegetable stand. 10-15 minutes in either direction to the Village of Catskill, Saugerties, Cairo. Don't miss this rare opportunity to own a profitable, multi-unit property in one of the Hudson Valleys most desirable locations. Whether you're and experienced investor or looking to start your real estate portfolio, this property has a fantastic business model, is a work horse with consistent returns and long term growth. Continue reading
MLS#
153335
Property Type
General Commercial
Bedrooms
8
Bathrooms
8 Full
Year Built
1982
Square Feet
3,240 sq. ft
Price per Sq. Ft.
$0.00
Lot Size
1.7
Stories
1.0
Sewer
Private Sewer System

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Listing Courtesy of: Brian Kozloski - Century 21 New West 518-943-2620
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Columbia Greene Northern Dutchess MLS. Real estate listings held by brokerage firms other than Xome include the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Columbia Greene Northern Dutchess MLS. All rights reserved.
This content last refreshed on 11/25/2024 12:17 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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