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Listed by Brady Totten, Howard Hanna Rand Realty
INCREDIBLE INVESTMENT OPPORTUNITY!!! Welcome to 141 Ulster avenue. This clockwork, 6-unit building is now available for the first time in 25 years. This property is the epitome of convenience. Within a one block area tenants have restaurants, grocery shopping, gas, and veterinary care. Only 3 minutes from both Main street in Saugerties AND the Saugerties thruway exit.
This property has 3 commercial units on the first floor (Violet Sheers, Moorhus Computers, and Lamont Engineering) along with 3 residential units on the second floor. All units are currently occupied, however all tenants are on month to month rental agreements. Many tenants have lived/worked in the building for over 10 years. All units are separately metered for gas and electricity and paid by the tenants.
Tenants also enjoy their own off-street parking in a private parking lot.
The residential units are all HUGE 1-bed/1-bath apartments with plenty of natural light and real wood floors. No cheap laminate flooring to replace. Rents are currently well below market value. Apartments this size can rent between 1,800 and 2,000 per month.
With barely any overhead, this building is your chance to establish yourself or expand into the wonderful Saugerties community. Convenience like this is rare beyond description so don't let this opportunity slip away.
More Info
Basic Information
- Current Use Mixed Use, Multi-Family, Retail, See Remarks
- Documents Available Survey
- Owner Pays Pest Control, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water, See Remarks
- Parcel Number 480101805300010230000000
- Sale Includes Building, Fixture(s)
- Tenant Pays Cable TV, Electricity, Gas, See Remarks
Property
- Business TypeBarber/Beauty, Computer, Electronics, Fitness, Mixed, Other
- Sign On Property YN Yes
Exterior
- RoofRubber, Shingle
Property Information
- Acreage0.03
- Lot Features Paved
- Lot Size Square Feet 1,350
- Lot Size Units Acres
- Square Feet7,316
Legal
- Zoning5
Tax Information
- Tax Legal Description 514801.018.053-0001-023.000/0000
- Taxes$9,186
Location
- Address141 Ulster Avenue
- AreaSaugerties-Vlg
- Building Number141
- CountyUlster
- Location Other
- Mls Area Minor Saugerties-Vlg
- StateNY
- StreetUlster Avenue
- TownSaugerties
- Township Saugerties
- Zip12477
Utilities
- Electric 100 Amp Service
- Heating YN Yes
- Utilities
- Cable Connected
- Cable Not Available
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Sewer Connected
- Water Available
- Waste Water DisposalPublic Sewer
Other
- Date Listed09/09/2024
- View Count11
Basic Information
- List Price$1,800,000
- MLS Number20243743
- Mls Status Active
- Modification Date09/14/2024
- Property SubTypeMixed Use
- StatusACT
Building
- Building ConstructionBrick
- FoundationConcrete Perimeter, Slab
- Structure Type Mixed Use, Multi Family, Retail
- Units6
- Year Built1895
Interior
- Flooring Concrete, Tile, Wood, See Remarks
Amenities
- Appliances IncludedWasher/Dryer, Refrigerator, Oven, Electric Water Heater
- Cooling Window Unit(s), Other, See Remarks
- Cooling YN Yes
Water Body
- Water AccessPublic
20243743
Saugerties, NY Demographics
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20243743
Saugerties, NY Real Estate Market Data
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20243743
Saugerties, NY Schools
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