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Listed by John Winters, Charles Winters Real Estate
Two 3 Bedroom Apartments located in the Village of Saugerties - 2 100 Amp Electric Services - 2 Hot Water Heaters - Both Apartments are identical - Living Room, Dining Room, and Eat in Kitchen Downstairs and there is a washer hook up in both sides - 3 Bedrooms, in one of the bedrooms in each apartment, there is another large space attached, either a big walk in closet or the tenant in apartment # 1 uses it as a 4th bedroom and the Full Bath Upstairs - Walking to Everything in the Village of Saugerties - Saugerties Beach - Tina Chorvas Park - Cantine Memorial Field for All of Your Sporting Needs - Kiwanis Ice Arena - Saugerties Stallions - Tennis Courts - Play Grounds - Soccer Fields - Shopping - Dining - Night Life - Saugerties High School - Cahill Elementary - 4th of July Parade - Sawyer Motors Car Show - Garlic Festival - Mum Bowl Festival and Numerous other Activities - Apartment # 1 is currently paying $950.00 monthly and has a one year lease starting June 1st, 2020 - They have Nature Gas Heat for the Downstairs and Electric Heat in the Upstairs Bedrooms and Bathroom - Apartment # 2 is currently paying $800.00 monthly - currently on a month to month lease however has been at the location for 15 years - This apartment has Nature Gas Heat with Radiators throughout the apartment - There is a Washer Hook up in Both Apartments - There is an entrance to the Basement from within both Apartments however you MUST use the Outside Entrance to get into the Basement - The Owner only pays the Water/Sewer, Taxes and Insurance - The Tenants pays everything else. Apartment # 1 pays $950.00 Monthly - Apartment # 2 pays $800.00 Monthly = $21,000.00 Yearly - Expenses - $1,413.63 Village Taxes, $3,208.51 School Taxes, $947.42 General Taxes, $1,643.00 Insurance and Approximately $500.00 yearly for water/sewer (this is billed quarterly and normally runs around $110.00 Quarterly) = $7,712.56 / Yearly Net Profit $13,287.44.

More Info

Basic Information

  • Acreage0.27
  • AppliancesRange, refrigerator
  • Broker ID98
  • Broker NameCharles Winters Real Estate
  • Lfd StyleTWO STORY
  • List Price$239,000
  • MLS Number20204683
  • MlsStatusPENDING CONTINUE TO SHOW
  • Property StyleDuplex
  • Property Type1Family+Access Apt
  • Square Feet2,720
  • WaterMUNICIPAL

Amenities

  • UsmAmenitiesBasement, Tennis

Location

  • Address38 Montgomery Street Street
  • Area TownSaugerties-vlg
  • Building Number38
  • Elementary SchoolCAHILL K-6
  • High School DistrictSaugerties Central Schools
  • StateNY
  • StreetMontgomery Street
  • Street DesignationStreet
  • TownSaugerties
  • Zip12477

Interior

  • Bathroom2
  • Bedroom 2 Level2
  • Bedroom 3 Level2
  • Bedroom 4 Level2
  • Bedrooms6
  • Dining Room Level1
  • Fireplace DescriptionNONE
  • FloorsCARPET, HARDWOOD, LINOLEUM
  • Kitchen Level1
  • Lfd Kitchen DescriptionEAT - IN
  • Living Room Level1

Building

  • BasementCRAWL, DIRT
  • ConstructionFRAME/STICK
  • Den Leveln
  • Garage Parking ExtrasDRIVEWAY
  • Garage Spaces
  • Garage TypeNone
  • PorchOPEN
  • RoofASPH SHINGLE
  • Sqft 1st1360
  • Utility Leveln
  • Year Built1890

Utilities

  • Cooling Air ConditioningCEILING FAN, NONE
  • Heat SourceRADIATORS
  • Heating FuelELECTRIC, NATURAL GAS
  • Hot WaterGAS

Other

  • Electricity100 AMPS
  • Lot19
  • Lot Dimensions0.27
  • Lot FeaturesLANDSCAPED, LEVEL
  • Lot SiteHAMLET/VILLAGE
  • View Count6

Saugerties, NY Demographics

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Saugerties, NY Real Estate Market Data

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Saugerties, NY Schools

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