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Three-Family Investment Opportunity Between Woodstock & Saugerties - Minutes to Kingston Rare opportunity to own a versatile three-family property set on . 9 acres. This well-positioned property features one single-family home and one duplex, making it perfect for investors, owner-occupants, or multi-generational living. All units are currently rented. The single-family residence offers 3 bedrooms and 1. 5 bathrooms, providing comfortable living with the privacy of a standalone home. The newly renovated duplex includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, offering flexible rental options and strong income potential. Full service upgrades to all 3 rentals including a landlord panel. Duplex had a full renovation in 2024 including roof, electrical, plumbing, spray foam insulation, hot water heater, heat pumps, etc. Whether you're looking to generate rental income, live in one unit while renting the others in the future, or expand your investment portfolio, this property offers exceptional potential in a highly sought-after area of Ulster County. Tenants pay for electric, wifi, and garbage. Landlord pays "landlord meter" for basement lights and snow/lawn care.
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Our Executive Mortgage Banker:
$575,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $682 | $682 | $682 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,755 | $2,870 | $3,789 |
| Total Monthly Payment | $3,529 | $3,644 | $4,563 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.