87 Overlook Estates

Active

Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Rents are well below market value, and month to month rental agreements. Please see associated doc’s for additional information, projected rents for 2023 and pro-forma rent at more fair market rents.

View full listing details
Price:$$3,650,000
Address:87 Overlook Estates
City:Saugerties
County:Ulster County
State:New York
Zip Code:12477
MLS:20222041
Year Built:1989
Acres:2.300
Lot Square Feet:2.300 acres
Please sign up for a Listing Manager account below to inquire about this listing