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Listed by Angela Lanuto, Coldwell Banker Village Green
Welcome to Catskill Roost, a truly unique investment opportunity nestled in the heart of the Village of Catskill. This exceptional 8 unit multi-family property, set on a generous 0.64-acre lot, offers a captivating mix of historical charm and contemporary amenities. Comprising of two distinct buildings, Catskill Roost is currently fully occupied and presents a solid cap rate.
The Carriage House, has been recently fully restored and renovated to seamlessly blend modern conveniences with its original character. It includes 2 units: a well-appointed one-bedroom on the first floor and a cozy studio on the second. Both units have ductless split units with A/C. Residents enjoy the benefits of a spacious front covered porch with a charming veranda.
The Main House, a striking Second Empire Victorian from the mid-1800s, exudes historical elegance. This iconic building houses 6 generously sized one-bedroom, one-bath units, each characterized by impressive 11-foot ceilings and beautifully restored hardwood floors. Some units boast marble and tile fireplaces adorned with tin accents, while others feature exposed brick walls that add a touch of rustic charm. The modern kitchens come equipped with butcher block countertops, dishwashers, and stylish tile backsplashes. The grand 3 story staircase, complete with its original banister, enhance the building's historic appeal. Keyless entry systems with video throughout ensure both convenience & security for all tenants. The property also includes coin-operated laundry facilities in the basement, fire alarm, and separate meters for each unit.
Additional highlights at Catskill Roost include an off-street gravel parking lot with 12 spaces and well-maintained green areas. Both buildings feature large front porches with verandas, creating inviting outdoor spaces for residents. The property is commercially zoned, & is ideally located close to key landmarks such as the Rip Van Winkle Bridge, Thomas Cole House, and Beattie Power House. Historic Main Street and the Hudson River are in close proximity, and Hudson's Amtrak station and Olana Castle & State Park are less than 10 minutes by car, adding to the property's appeal.
Catskill Roost at 123 William St is not just a property but an opportunity to invest in a piece of Catskill's history while benefiting from its strong rental demand & robust financial returns. The combination of its historic charm, modern updates, and prime location makes it a standout choice for discerning investors.
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Basic Information
- Owner Pays Common Area Maintenance, Exterior Maintenance, Gas, Hot Water, HVAC Maintenance, Insurance, Sewer, Snow Removal, Taxes, Trash Collection, Water
- Parcel Number 19260115601800040260000000
- Tenant Pays Electricity, Other
Building
- Above Grade Finished Area 9,823
- Basement Yes
- Building ConstructionBrick, Frame, Plaster, Stone, Wood Siding
- FoundationBrick/Mortar, Stone
- Property StyleVictorian
- Structure Type Multi Family
- Units8
- Window Features Double Pane Windows
- Year Built1867
Property Information
- Acreage0.63
- Lot Features Back Yard, Cleared, Level, See Remarks
- Lot Size Square Feet 27,442
- Lot Size Units Acres
- Patio And Porch Features Covered, Porch, Wrap Around
- Property Condition Updated/Remodeled
- Square Feet9,823
Tax Information
- Taxes$14,727
Parking
- Parking Features Parking Lot, Gravel, Driveway
Basic Information
- List Price$1,600,000
- MLS Number20243560
- Mls Status Active
- Modification Date08/23/2024
- Property SubTypeMulti Family
- StatusACT
- Virtual TourView Tour
Interior
- Flooring Ceramic Tile, Hardwood, Tile
- Interior Features Built-in Features, Ceiling Fan(s), Crown Molding, Entrance Foyer, High Ceilings, Recessed Lighting
Amenities
- Cooling Ceiling Fan(s), Ductless
- Cooling YN Yes
- Other AmenitiesBasement
- Security Features Carbon Monoxide Detector(s), Fire Alarm, Security System, Smoke Detector(s)
Legal
- ZoningCOM-1
- Zoning Description COM 1 - 411 Apartments
School Information
- High School DistrictCatskill School District
Rooms
- Bathroom8
- Bathrooms Total Decimal 8
- Bedrooms8
Location
- Address123 William Street
- AreaGreene
- Building Number123
- CountyGreene
- Mls Area Minor Greene
- StateNY
- StreetWilliam Street
- TownCatskill
- Township Catskill
- Zip12414
Utilities
- Electric 200+ Amp Service, Circuit Breakers
- Heating YN Yes
- Laundry Features Common Area, In Basement, Laundry Room
- Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Waste Water DisposalPublic Sewer
Water Body
- Water AccessPublic
Other
- Date Listed08/22/2024
- View Count9
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Catskill, NY Demographics
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Catskill, NY Real Estate Market Data
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Catskill, NY Schools
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