Listing Courtesy of: Michael Magliocca - Century 21 New West 518-943-2620

18 Mountain Turnpike Rd Catskill, NY 12414

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Multi-Family Residence
10 Beds
7 Baths
4,928 Sq. Ft.
2 Acre Lot

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Last updated on 11/5/2024 7:04 PM
Opportunity awaits at 18 Mountain Turnpike! This 5-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 7-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engi...neered 3,000-gallon septic system also from 2020.The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS.This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity! Continue reading
MLS#
154138
Property Type
Multi-Family
Bedrooms
10
Bathrooms
7 Full
Year Built
1920
Square Feet
4,928 sq. ft
Price per Sq. Ft.
$0.00
Lot Size
2
Sewer
Holding Tank

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Listing Courtesy of: Michael Magliocca - 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 11/5/2024 7:04 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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