18 Mountain Turnpike Road

Catskill, NY 12414

$275,000
Price
10
Beds
7
Baths
4,928 Sq. Ft.
$56 / Sq. Ft.
4,928
Sq. Ft.
$56
per Sq. Ft.

Description

Opportunity awaits at 18 Mountain Turnpike! This 5-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 7-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020. The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently...Opportunity awaits at 18 Mountain Turnpike! This 5-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 7-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020. The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS. This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity!
  1. Listed by Michael Magliocca • Century 21 New West
  2. Listed by Erin Ye • Century 21 New West

Property Details for 18 Mountain Turnpike Road

Zoning
HC
LISTING UPDATED: 11/15/2024 10:56 AM

Property Details for 18 Mountain Turnpike Road

StatusActive
MLS #154138
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1920
Lot Size2.00 AC / 87,120 SF
CountyGreene County

Building Information for 18 Mountain Turnpike Road

Stories-Residences6Year Built1920Building Size-Lot Size2.00 AC / 87,120 SF

Property Information for 18 Mountain Turnpike Road

Summary
Location and General Information
  • ZIP: 12414
  • County: Greene
  • State: NY
  • Most Precise Vicinity: Catskill
  • Flood Zone: No
  • Directions: From Catskill take Route 23A approximately 5.4 miles to right onto Mountain Turnpike, second property on the right.
Taxes and HOA Information
  • Assessment: 147800
  • Association: Columbia County & Northern Dutchess MLS
  • Town Tax: $2,473
  • Tax Map ID: 170.03-1-10
  • Tax Exemptions: No
  • School Tax: $4,943
School Information
  • School District: Catskill
Parking
  • Garage/Parking: 2 car
Owner
  • Owner Name: Zen 18 Mountain Tpk LLC
Property
Lot Information
  • Square Footage: 4928.0
  • Acres: 2.0
  • Lot Square Footage: 87120.0
  • Lot Measurement: Acres
Property and Assessments
  • Year Built: 1920
  • Picture Count: 45
  • Board Loaded: No
  • Property Disclaimer: Information not guaranteed.
  • Sign on Property: Yes
  • Signed Led Paint Disclosure: Yes
  • Survey: No
  • Condition: Fair
  • Construction: Frame
  • Certificate of Occ: No
  • FIPS Code: 39
Utilities
  • Water: Well
  • Sewer: Septic Tank
  • Electric: Fuses
Interior and Exterior Features
Interior Features
  • Foundation: Stone
  • Basement: Partial
  • Color: Beige
  • # of Furnaces: 1
  • Insulation: unknown
  • # of Heaters: 1
  • # of Meters: 6
  • Water Heater: Propane
  • Windows: Vinyl Clad
  • Heat Type: Hot Water
Exterior Features
  • Paved Street: Yes
  • Roof: Metal
  • Siding: Vinyl
Room Information
Bathrooms
  • Bathrooms: 7
  • Full Bathrooms: 7
Bedrooms
  • Bedrooms: 10
Multi Family
Multi-Family Information
  • # of Units: 6
  • Inc/Exp State Available: No
Unit 1
  • Unit 1 - Rooms: Living Room, Kitchen, Bedrooms, Bathrooms
Unit 2
  • Unit 2 - Rooms: Living Room, Kitchen, Bedrooms, Bathrooms
Unit 3
  • Unit 3 - Rooms: Living Room, Dining Room, Kitchen, Bedrooms, Bathrooms
Unit 4
  • Unit 4 - Rooms: Living Room, Dining Room, Kitchen, Bedrooms, Bathrooms
Rental
Rent Information
  • Lease Type: Net
  • Occupant Name: Vacant

Public Records for 18 Mountain Turnpike Road

Taxable ValueLand$27,000Additions$120,800Total$147,800
Home Facts
Total Finished SqFt4,928 SqFtAbove Grade Finished SqFt4,928 SqFtUnfinished Basement SqFt2,304 SqFtStories2Lot Size87,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Zoning02 - SINGLE RCountyGREENEAPN192689 170.03-1-10

Schools near 18 Mountain Turnpike Road

This home is within Catskill Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Catskill Elementary School
PublicPK to 5

Catskill Middle School
Public6 to 8

Catskill Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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18 Mountain Turnpike Road is a multi-family home for sale in Catskill, NY 12414. This property was listed for sale on August 23, 2024 by Century 21 New West, it's currently listed at $275,000. This listing's school district is Catskill Central School District. Nearby schools include Catskill Elementary School, Catskill Middle School and Catskill Senior High School. 18 Mountain Turnpike Road is a 10-bed, 7-bath, 4,928 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 New West

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 11/15/2024 10:56 AM