202 Paul Saxe Road
$499,000
8
8
3,240
3,240
$154
Description
Investment opportunity in Catskill NY! 5 Unit income producing property with 4 apartment rentals that provide 2 bedrooms and 2 bathrooms each. The fifth remaining unit is a sizeable storage barn that is also rented. Each unit offers a simple open floor plan, with abundant light and modern amenities. Four of the eight bathrooms have been renovated in the last 5 years to help ensure tenant satisfaction so that the property will maintain a high occupancy rate and provide a solid and reliable income...Investment opportunity in Catskill NY! 5 Unit income producing property with 4 apartment rentals that provide 2 bedrooms and 2 bathrooms each. The fifth remaining unit is a sizeable storage barn that is also rented. Each unit offers a simple open floor plan, with abundant light and modern amenities. Four of the eight bathrooms have been renovated in the last 5 years to help ensure tenant satisfaction so that the property will maintain a high occupancy rate and provide a solid and reliable income stream. The property also provides ample parking for each unit and the barn. This property currently generates a nearly 8% cap rate of return for the Landlord. With tenant turnover and actual fair market rents the cap rate could certainly be pushing 10%. This property is within minutes of Catskill's beloved Story Farm's fresh fruit, flowers, and vegetable stand. 10-15 minutes in either direction to the Village of Catskill, Saugerties, Cairo. Don't miss this rare opportunity to own a profitable, multi-unit property in one of the Hudson Valleys most desirable locations. Whether you're and experienced investor or looking to start your real estate portfolio, this property has a fantastic business model, is a work horse with consistent returns and long term growth.
- Listed by Brian Kozloski • Century 21 New West
Property Details for 202 Paul Saxe Road
Zoning
08-RA-1.5
LISTING UPDATED: 08/15/2024 10:22 AM
Property Details for 202 Paul Saxe Road
Status | Active |
---|---|
MLS # | 153330 |
Days on Market | 151 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Multi Family |
Year Built | 1982 |
Lot Size | 1.70 AC / 74,052 SF |
County | Greene County |
Building Information for 202 Paul Saxe Road
Stories-Residences5Year Built1982Building Size-Lot Size1.70 AC / 74,052 SF
Property Information for 202 Paul Saxe Road
Property History for 202 Paul Saxe Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 202 Paul Saxe Road
Taxable ValueLand$21,000Additions$98,900Total$119,900
Home Facts
Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories1Lot Size74,052 SqFtStyleMulti-Family Res (5+ Units)Year Built1982Zoning08 - GOVERNMECountyGREENEAPN192689 169.00-4-25
Schools near 202 Paul Saxe 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.
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