181 Glenerie Boulevard, Ulster, (Lake Katrine), NY, 12477
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
Town:
Ulster
Type:
Commercial
Units:
7
Heating:
Baseboard, Electric, Propane, See Remarks
Cooling:
Wall/Window Unit(s)
Levels:
1
Parking:
Common
Acreage:
0.55
Est. Taxes:
$9,966
Assessment
$159,500
Construction
Clapboard, Other, Vinyl Siding
Utilities
Cable Connected, Electricity Connected, Phone Available, Propane, Sewer Connected, Trash Collection Public, Water Connected
Elementary School:
Cahill
Middle School:
Saugerties Junior High School
High School:
Saugerties Senior High School
School District:
Saugerties
Days on Market:
1
MLS #:
924846
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Berardi Realty 845-201-1111