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Listed by Gregory Berardi, Berardi Realty
(5 unit great opportunity), buy a turnkey investment property on a quiet road two blocks from the Hudson River in the quaint hamlet of Galsco. Property has its own off street parking. The Building consists of 5 units which are all two bedroom and one bath. Each apartment comes with a storage unit in the rear of the building. The Building has been very well maintained, in the past few years new hot water heathers, floors, ranges and refrigerators were replaced when needed. Strong rents and are still below market rates. Furnace has been serviced regularly. Building is connected with municipal water and sewer. Tenant pays electric. Owner pays for heat (natural gas), water/sewer, and plowing/landscaping. The building comes with a plot of land In front of building. Buyers agent to confirm what can be built. At current ask , appx 7 cap, with rent increases set to come into effect over the next few months.

More Info

Basic Information

  • Acreage0.74
  • List Price$595,000
  • MLS Number20221144
  • MlsStatusPENDING CONTINUE TO SHOW
  • Property TypeMulti-Unit
  • SewerCOMMUNITY
  • StyleAPT. COMPLEX, ONE STORY
  • Units5
  • Year Built1962

Utilities

  • Heat SourceBASEBOARD, HOT WATER
  • Heating FuelNATURAL GAS
  • Hot WaterELECTRIC

Location

  • Address22 Albany Street
  • Area TownSaugerties-town
  • Building Number22
  • High School DistrictKingston Consolidated
  • StateNY
  • StreetAlbany Street
  • TownSaugerties
  • Zip12477
  • ZoneCOM 1

Interior

  • AmenitiesGARDEN AREA, PLAY AREA
  • FloorsCARPET, CERAMIC
  • Unit 1 Baths1
  • Unit 1 Bedrooms2
  • Unit 2 Baths1
  • Unit 2 Bedrooms2
  • Unit 3 Baths1
  • Unit 3 Bedrooms2
  • Unit 4 Baths1
  • Unit 4 Bedrooms2
  • Unit 5 Baths1
  • Unit 5 Bedrooms2

Building

  • AtticScuttle
  • BasementCRAWL
  • ConstructionFRAME/STICK
  • Garage Capacity
  • Garage Parking ExtrasDRIVEWAY, LOT-PAVED, OFF STREET
  • Garage TypeNone
  • RoofASPH SHINGLE
  • SidingVINYL
  • Unit 1 Rent1140

Amenities

  • Other AmenitiesBasement, Fireplace, Garden

Water Body

  • Lfd WaterCOMMUNITY

Other

  • AppliancesRANGE, REFRIGERATOR
  • Electricity200 AMPS, OTHER
  • Lot6.1
  • Lot Dimensions0.74 of an ac
  • Lot FeaturesLANDSCAPED, LEVEL, SLOPE-GENTLY
  • Lot SiteHAMLET/VILLAGE, SUBURB
  • PlumbingMIXED
  • Short SaleNo
  • ViewsSEASONAL
  • View Count2

Saugerties, NY Demographics

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