Saugerties-vlg NY - ID: 20182764
On the Market
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  • Price: $997,000
  • Bedrooms: 10
  • Bathrooms: 10.5 (full)
  • Garage: None
  • Acreage: 0.31
  • Year Built: 1875
  • School District: SAUGERTIESCENTR
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Multi-Unit

Description: This multi-use building is in tip-top, immaculate condition from the pristine basement to all of its 6 rentals. All are renovated and equipped with full sized washer and dryers, central A/C, ice makers, SS appliances, well designed kitchens and baths. There is nothing left to do here but collect the rent checks, oh and by the way, the tenants LOVE it here and rarely leave. Most units have some outdoor space either on rooftop decks or ground level patios. A quick walk into the heart of Saugerties for Farmers market, HITS, restaurants, shopping, movies. A great commuter location for those working anywhere in Ulster County or beyond - so close to the NYS Thruway. The large 3 BR "loft" unit is currently occupied by a retail shop but was formerly lived in by the sellers as shown in the pictures below. None of the interior walls are structural so one could configure the rooms however they would like, and the mixed use zoning permits residential or commercial occupancy. The apartments are currently configured as one Studio/One Bath unit, one 1 bedroom/2 bath unit, three 2 bedroom/2 bath units, and one large ground floor retail space which can be rented as a 3 bedroom.2.5 bath unit or a different retail, office or business space. There are 12 parking spaces plus plentiful street parking. Upgraded electricity (400amp) with individual electric panels in each apartment, a state of the art security system with cameras, full sprinkler system on all floors including the attic, newer water and sewer line, 6 separate heat and AC units, A completely dry and very clean basement. Insulated and energy efficient, this building is in such great shape and easily managed because these owners took such great care in renovating and maintaining the property ever since they purchased it. Aside from routine annual maintenance such as hvac cleaning and sprinkler system inspections, it almost runs itself.
Also available for sale is the successful consignment shop currently leasing the large ground floor unit. It generates great income even though it is currently only open on Weekends. Come work and live in Saugerties. Ask for further details.


FEATURES:
NUMBER OF UNITS: 6
UNIT 1 -RENT: 1300
ZONE: 05
LOT DIMENSIONS: 13,504 Sq Ft
UNIT 1 -LEASE: M/M
UNIT 2 -LEASE: M/M
UNIT 1 -LEASE: M/M
UNIT 5 -LEASE: M/M
UNIT 2 -RENT: 1000
UNIT 3 -RENT: 850
UNIT 4 -RENT: 2800
UNIT 5 -RENT: 1300
UNIT 6 -RENT: 1300
CONDITION: Excellent, Very Good
APPLIANCES: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
LOT/SITE: Hamlet/Village
WATER: Municipal
SURVEY: Yes

Listing courtesy of: Coldwell Banker Village Green / Listing Agent: Amy Lonas
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