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Happy Valentines Day Fall in Love Right in the Village of Saugerties
Set in the heart of the Village of Saugerties, just a short walk to Main Street's restaurants, local shops, and antique stores, this fully updated multi-unit property offers flexibility and solid income potential in one of Ulster County's most walkable communities.
The property currently consists of:
A two-bedroom, one-bath unit occupied by a long-term tenant
A separate two-bedroom, one-bath unit operating as a successful Airbnb
A studio apartment with full bath also used for short-term rental
A 4th potential ; Finish the space and you unlock an additional income stream—ideal for increasing overall cash flow or creating a private owner's quarters while maximizing rental potential elsewhere This unit has full bath and Bedroom with space for living room and kitchenette. or expand current unit to 3 br 2 ba.
( With Approval).
3 units are updated, making this a turnkey setup for both owner-occupants and investors. Clean and finished interior and thoughtful improvements allow for immediate income without the need for major renovation
For homeowners looking to offset their mortgage, this property provides the option to live in one unit while collecting income from the others. For investors, the existing blend of long-term and short-term rentals offers diversified revenue, with documented Airbnb financials available for review. The added value of the unfinished unit creates a clear path for increased returns.
Convenient to the NYS Thruway, Catskill hiking trails, and the Hudson River, 66-68 Post Street sits in a consistently strong rental market with year-round appeal. Whether you're building your portfolio or looking for a place to live that works for you financially, this property delivers flexibility, location, and upside.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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Our Executive Mortgage Banker:
$429,000
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 | $343,200 | $343,200 | $343,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $663 | $663 | $663 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,058 | $2,141 | $2,827 |
| Total Monthly Payment | $2,795 | $2,878 | $3,564 |
* 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.