181 Glenerie Boulevard, Ulster, NY, 12449
12 beds
1970
Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.
Status:
Active
Type:
Multi-family
Units:
7
Zoning:
32
Heating:
Hot Water, Propane
Cooling:
Wall/Window Unit(s)
Lot Size:
irregular
Acreage:
0.55
Est. Taxes:
$9,967
Assessment
$159,500
Utilities
Cable Available, Electricity Connected, Propane, Sewer Not Available, Water Connected
Lot Description:
Level
School District:
Saugerties
Appliances:
Range, Refrigerator
Owner Pays:
All Utilities, Electricity, See Remarks
MLS #:
20255060
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Berardi Realty