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Listed by Eric Kitchen, Kitchen Realty Group
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.
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Basic Information
- Owner Pays Sewer, Taxes, Water
- Tenant Pays All Utilities, Electricity, Oil
Rooms
- Bathroom25
- Bathrooms Total Decimal 25
- Unit 1 Information Baths Full 1
- Unit 1 Information Baths Total 1
- Unit 1 Information Beds Total 3
- Unit 2 Information Baths Full 1
- Unit 2 Information Baths Total 1
- Unit 2 Information Beds Total 2
Interior
- Flooring Hardwood, Linoleum
Exterior
- RoofAsphalt, Shingle
Property Information
- Acreage0.91
- Lot Features Other, See Remarks
- Lot Size Dimensions 220x190
- Lot Size Square Feet 39,639
- Lot Size Units Acres
Tax Information
- New Taxes Expense $6,518
- Tax Legal Description 1,25,1950-1958 Ulster Ave
- Taxes$6,518
Location
- Address1950-1958 Ulster Avenue
- AreaUlster-Town Of
- Building Number1950-1958
- CountyUlster
- Mls Area Minor Ulster-Town Of
- StateNY
- StreetUlster Avenue
- TownLake Katrine
- Zip12449
Property
- Other Structures Second Residence, Other, See Remarks
- Sign On Property YN Yes
Utilities
- Electric 200+ Amp Service
- Heating YN Yes
- Plumbing Mixed
- Waste Water DisposalPublic Sewer
Legal
- Zoning Description Commercial
School Information
- Elementary SchoolCrosby K-4
- High School DistrictKingston Consolidated
Basic Information
- List Price$445,000
- MLS Number20240636
- Mls Status Active
- Modification Date09/02/2024
- Property SubTypeTriplex
- StatusACT
Building
- Attic Features Permanent Stairs
- Building ConstructionFrame
- Unit 1 Information Square Feet 924
- Unit 2 Information Square Feet 950
- Unit 3 Information Square Feet 950
- Year Built1934
Amenities
- Cooling Central Air
- Cooling YN Yes
Water Body
- Water AccessPublic
Other
- Date Listed03/16/2024
- Listing Terms Lease Option
- View Count52
20240636
Lake Katrine, NY Demographics
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20240636
Lake Katrine, NY Real Estate Market Data
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20240636
Lake Katrine, NY Schools
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