Narrowsburg NY Multi Family for Sale

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Type:
Other
Sq.Ft.:
15,197
Status:
Active
Beds:
n/a
Lot size:
20.68 Acres
Year built:
1970
Baths:
MLS#:
20242260

ADDITIONAL INFORMATION

GOLDEN opportunity!! Very lucrative rental property in the Western Sullivan County Catskills on over 20 acres with room to expand is what savvy investors have been waiting for. This very attractive offering consists of three buildings on two parcels with an additional four vacant parcels for development. Main attraction is a fully occupied 16-unit apartment building (with ability to add more), the second building is a two-family house in need of rehab and third is a cottage-style stand-alone which can be another rental unit or laundry facility for the tenants. The 16 units are always occupied and continuously up to date on rent with a waiting list and scheduled annual increases. There are eight 1-BR apartments, seven 2-BR apartments, and a 3-BR. The grounds are meticulously maintained with shared garden for the tenants and an enormous amount of parking. Extensive frontage on two roads, ability to add commercial and a multitude more residential units, along with a steady stream of income makes this a cash cow! Landlord pays the usual expenses: taxes, insurance, common electric, plowing, mowing, trash, repairs, and maintenance. Tenants pay all electric and propane for heat, cooking, and hot water. Narrowsburg is a lovely, quaint, and bustling river town in a very desirable area. Financial analysis report is available upon request.

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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 on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Xome are marked with IDX logo and the detailed information about them includes the name of the listing broker. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 by the Hudson Valley Catskill Region MLS and Ulster County Board of Realtors, Inc. All Rights Reserved.



Narrowsburg Real Estate

The median home value in Narrowsburg, NY is $334,000. This is higher than the county median home value of $254,500. The national median home value is $338,100. The average price of homes sold in Narrowsburg, NY is $334,000. Approximately 53.47% of Narrowsburg homes are owned, compared to 17.16% rented, while 29.37% are vacant. Narrowsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Narrowsburg real estate agent to arrange a tour today!

Narrowsburg, New York has a population of 388. Narrowsburg is less family-centric than the surrounding county with 9.84% of the households containing married families with children. The county average for households married with children is 27.82%.

The median household income in Narrowsburg, New York is $48,438. The median household income for the surrounding county is $63,393 compared to the national median of $69,021. The median age of people living in Narrowsburg is 45.8 years.

Narrowsburg Weather

The average high temperature in July is 80.6 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 43 inches per year, with 51.7 inches of snow per year.

Narrowsburg Real Estate Market Conditions

  • Median sales price

    $334,000
    14.6% change since last quarter
  • # Active listings

    20
    30-day change

Narrowsburg Schools and Demographics

Education near Narrowsburg, NY

Metric City County
High School Graduates 97.22 86.63
College Degree - 2 year 4.51 10.27
College Degree - 4 year 47.57 27.03
Graduate Degree 2.43 8.4
Expenditures per Student 33,273 33,273
Students per Teacher 10.6 10.6

Elementary Schools near Narrowsburg, NY

School Grades Students P/T Ratio ZIP
George Ross Mackenzie Elementary School PK - 06 311 15.6 12737
Sullivan West Elementary School PK - 06 559 12.2 12748

High Schools near Narrowsburg, NY

School Grades Students P/T Ratio ZIP
Eldred Junior-Senior High School 07 - 12 289 11.6 12732
Sullivan West High School At Lake Huntington 07 - 12 547 12.1 12752

Demographics near Narrowsburg, NY

Metric City County
Neighborhood Type Small Town
Population 388 78,230
Population Density 284 81
Median Age 45.8 42.3
People per Household 1.8 2.5
Median Household Income 48,438 63,393
Average Income per Capita 35,031 33,037