
(5 unit great opportunity), buy a turnkey investment property on a quiet road two blocks from the Hudson River in the quaint hamlet of Galsco. Property has its own off street parking. The Building consists of 5 units which are all two bedroom and one bath. Each apartment comes with a storage unit in the rear of the building. The Building has been very well maintained, in the past few years new hot water heathers, floors, ranges and refrigerators were replaced when needed. Strong rents and are still below market rates. Furnace has been serviced regularly. Building is connected with municipal water and sewer. Tenant pays electric. Owner pays for heat (natural gas), water/sewer, and plowing/landscaping. The building comes with a plot of land In front of building. Buyers agent to confirm what can be built. At current ask , appx 7 cap, with rent increases set to come into effect over the next few months.
View full listing detailsPrice: | $$595,000 |
Address: | 22 Albany Street |
City: | Saugerties |
County: | Ulster County |
State: | New York |
Zip Code: | 12477 |
MLS: | 20221144 |
Year Built: | 1962 |
Acres: | 0.740 |
Lot Square Feet: | 0.740 acres |