Active

141 Ulster Avenue

Saugerties NY, 12477

$1,800,000


$246.04 per sqft

Active

7,316 sqft

Commercial

Built in 1895

INCREDIBLE INVESTMENT OPPORTUNITY!!! Welcome to 141 Ulster avenue. This clockwork, 6-unit building is now available for the first time in 25 years. This property is the epitome of convenience. Within a one block area tenants have restaurants, grocery shopping, gas, and veterinary care. Only 3 minutes from both Main street in Saugerties AND the Saugerties thruway exit.

This property has 3 commercial units on the first floor (Violet Sheers, Moorhus Computers, and Lamont Engineering) along with 3 residential units on the second floor. All units are currently occupied, however all tenants are on month to month rental agreements. Many tenants have lived/worked in the building for over 10 years. All units are separately metered for gas and electricity and paid by the tenants.

Tenants also enjoy their own off-street parking in a private parking lot.

The residential units are all HUGE 1-bed/1-bath apartments with plenty of natural light and real wood floors. No cheap laminate flooring to replace. Rents are currently well below market value. Apartments this size can rent between 1,800 and 2,000 per month.

With barely any overhead, this building is your chance to establish yourself or expand into the wonderful Saugerties community. Convenience like this is rare beyond description so don't let this opportunity slip away.

20243743

MLS ID

September 9, 2024

Listed

September 17, 2024

Updated

Map

141 Ulster Avenue
Saugerties NY, 12477

Interior Features

Total Stories

2


Appliances

Washer/Dryer, Refrigerator, Oven, Electric Water Heater


Floor Description

Concrete, Tile, Wood, See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s), Other, See Remarks


Heating

Yes


Heating Description

Heat Pump, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.03 Acres


Exterior Features

None


Lot Features

Paved


Roof

Rubber, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Saugerties-Vlg


Taxes

$9,186


Tax Frequency

Annually


Garage

No


View

No


County

Ulster


Municipality

Saugerties


Water Source

Public


Pool

No


Zoning

05

Listed by Brady Totten with Howard Hanna Rand Realty
Listing Contact:  

The IDX display contains information sourced from the Hudson Valley Catskill Region MLS as of 9/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Hudson Valley Catskill Region MLS all rights reserved.

Data last updated on 9/17/2024 at 8:44 AM UTC

 

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