1950-1958 Ulster Avenue

Lake Katrine, NY 12449

$445,000
Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed use property conveniently located on Route 9W in Lake Katrine across from Angelas Pizza. This unique property consists of three rental units, one single family home and one store front with a two bedroom apartment upstairs. The single family home was built in 1934 and the store and apartment were built in 1970. This location would be a great opportunity for investors. The current rents are way below market value. The 2 bedroom above the store currently rents for $800 per month could rent for...Mixed use property conveniently located on Route 9W in Lake Katrine across from Angelas Pizza. This unique property consists of three rental units, one single family home and one store front with a two bedroom apartment upstairs. The single family home was built in 1934 and the store and apartment were built in 1970. This location would be a great opportunity for investors. The current rents are way below market value. The 2 bedroom above the store currently rents for $800 per month could rent for $1,500 per month. The single family home currently rents for $1,050. and could easily rent for $1800-$2.000 per month. The former Deli/Tattoo parlor was renting for $1,000 per month. The commercial space on the first floor offers 950 Square feet with central air and newly upgraded 200 amp electric.
  1. Listed by Eric Kitchen • Kitchen Realty Group
    P: (845)-389-2700 C: (845)-389-2700 kitchenej@msn.com

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Central AC
  • Electric Heat
  • Hardwood Floors
LISTING UPDATED: 09/02/2024 12:09 AM

Property Details for 1950-1958 Ulster Avenue

StatusActive
MLS #20240636
Days on Market246
Taxes$6,518 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1934
Lot Size0.91 AC / 39,639 SF
CountyUlster County

Building Information for 1950-1958 Ulster Avenue

Stories2Residences-Year Built1934Building Size-Lot Size0.91 AC / 39,639 SF

Property Information for 1950-1958 Ulster Avenue

Summary
Location and General Information
  • Sign On Property YN: Yes
  • Road Surface Type: Asphalt
  • Directions: Head North towards Saugerties on Route 9W. Property is located directly across from Angelas Pizza in Lake Katrine. #1950 - 1958 Ulster Ave.
  • Zoning Description: Commercial
  • MLS Area Major: Ulster-Town Of
  • Street Name: Ulster
  • Street Suffix: Avenue
  • State: NY
  • Zip Code: 12449
  • County: Ulster
  • Latitude: 41.989915
  • Longitude: -73.986604
  • Unparsed Address: 1950-1958 Ulster Avenue, Lake Katrine, NY 12449
  • Street Number: 19501958
  • General Property Information:Sign On Property YN: Yes
  • Road Surface Type:Asphalt: Yes
Taxes and HOA
  • Location Tax and Legal:General Tax: $3,854
  • Location Tax and Legal:School Tax: $2,664
  • Location Tax and Legal:Tax Annual Amount: $6,518
  • Location Tax and Legal:Tax Assessed Value: $424,200
  • Location Tax and Legal:Tax Legal Description: 1,25,1950-1958 Ulster Ave
  • Location Tax and Legal:Tax Lot: 1
  • Location Tax and Legal:Tax Block: 25
  • General Property Information:Association YN: No
  • Association YN: No
  • Tax Assessed Value: 424200
  • Association Fee: $.00
  • Tax Block: 25
  • Tax Legal Description: 1,25,1950-1958 Ulster Ave
  • Tax Lot: 1
  • Tax Annual Amount: $6,518
School Information
  • Elementary School: Crosby K-4
  • Location Tax and Legal:School District: Kingston Consolidated
  • Location Tax and Legal:Elementary School: Crosby K-4
Parking
  • Garage YN: No
  • Garage Spaces: 0
  • General Property Information:Garage YN: No
  • General Property Information:Garage Spaces: 0
Virtual Tour
  • Total Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Acres: 0.91
  • Lot Features: Other, See Remarks
  • Lot Size Dimensions: 220x190
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Units: Acres
  • Lot Size Square Feet: 39639.6
  • General Property Information:Lot Size Acres: 0.91
  • General Property Information:Lot Size Dimensions: 220x190
  • Lot Features:Other: Yes
Property and Assessments
  • Year Built: 1934
  • Video Groups: 0
  • Documents Available:Survey: Yes
Building Information
  • Other Structures:Second Residence: Yes
  • Other Structures:Other: Yes
Utilities
  • Water Source: Public
  • Electric:200+ Amp Service: Yes
  • Water Source:Public: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
  • Other Structures: Second Residence, Other, See Remarks
  • Construction Materials:Frame: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
Interior Features
  • Stories: 2
  • Cooling: Central Air
  • Flooring: Hardwood, Linoleum
  • Heating: Baseboard, Electric, Oil
  • Bathrooms Total (Integer): 25
  • Bathrooms Total (Decimal): 25
  • Bathrooms Total (Notational): 25
  • Cooling: Yes
  • Heating: Yes
  • General Property Information:Stories: 2
  • Attic Features:Permanent Stairs: Yes
  • Cooling:Central Air: Yes
  • Electric: 200+ Amp Service
  • Flooring:Hardwood: Yes
  • Flooring:Linoleum: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Oil: Yes
  • Plumbing:Mixed: Yes
Multi Family
Multi-Family Information
  • Number of Units: 0
  • General Property Information:Number Of Units Total: 0.0
Income & Expenses
  • Gross Scheduled Income: $34,200
  • Insurance Expense: $1,353
Financial Infomation
Income & Expenses
  • Total Annual Expenses: $9,171.00
  • Net Operating Income: $25,029
  • New Taxes Expense: $6,518
  • Cap Rate: .00%
  • Income and Expenses:Cap Rate: .00%
  • Income and Expenses:Gross Scheduled Income: $34,200
  • Income and Expenses:Insurance Expense: $1,353
  • Income and Expenses:Monthly Income: $2,850
  • Income and Expenses:Net Operating Income: $25,029
  • Income and Expenses:New Taxes Expense: $6,518
  • Income and Expenses:Other Income: $0
  • Income and Expenses:Total Annual Expenses: $9,171.00
  • Income and Expenses:Water Expense: $1,300.00
Unit Information
Unit 1
  • Unit 1 Information:Baths Full: 1
  • Unit 1 Information:Beds Total: 3
  • Unit 1 Information:Square Feet: 924
Unit 2
  • Unit 2 Information:Baths Full: 1
  • Unit 2 Information:Baths Total: 1
  • Unit 2 Information:Beds Total: 2
  • Unit 2 Information:Square Feet: 950.0
Unit 3
  • Unit 3 Information:Square Feet: 950.0
Agent
Sale and Listing
  • DOM: 171
  • MLS Approval Status: Yes
  • Owner Pays: Sewer, Taxes, Water
  • Contract Information:Owner Name: Frank Lange
  • Book Information:Section: 39.16
  • Listing Terms:Lease Option: Yes
Rental
Rental Information
  • Tenant Pays: All Utilities, Electricity, Oil
  • Owner Pays:Sewer: Yes
  • Owner Pays:Taxes: Yes
  • Owner Pays:Water: Yes
  • Tenant Pays:All Utilities: Yes
  • Tenant Pays:Electricity: Yes
  • Tenant Pays:Oil: Yes

Schools near 1950-1958 Ulster Avenue

This home is within Kingston City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
E R Crosby Elementary School
PublicK to 4

M Clifford Miller Middle School
Public5 to 8

Kingston High School
Public9 to 12

Chambers School
PublicK to 4

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.

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1950-1958 Ulster Avenue is a multi-family home for sale in Lake Katrine, NY 12449. This property was listed for sale on March 16, 2024 by Kitchen Realty Group, it's currently listed at $445,000. This listing's school district is Kingston City School District. Nearby schools include E R Crosby Elementary School, M Clifford Miller Middle School and Kingston High School. 1950-1958 Ulster Avenue is a 5-bed, 2-bath, multi-family home built in 1934.

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 Kitchen Realty Group

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: 09/02/2024 12:09 AM