2 Mountain Valley Road, Olive (Boiceville), NY, 12412 | $574,999

A rare and remarkable multi-family opportunity nestled in the heart of the Catskills — 2 Mountain Valley Road, Boiceville, New York presents two fully self-contained units, each delivering a level of space, privacy, and independence that is virtually unheard of in the multi-family market. Set against the stunning natural backdrop of Ulster County's Catskill Mountains, this 1, 842 total square foot 2-family home offers two generously sized 3-bedroom, 1-bath units — each completely equipped for comfortable, self-sufficient living. What truly sets this property apart is the remarkable list of individual amenities each unit enjoys on its own: Each Unit Features: 3 Bedrooms | 1 Full Bath Private Deck — ideal for enjoying the natural Catskills surroundings Attached Garage — private parking and storage for each unit In-Unit Laundry Room in the basement — the ultimate tenant amenity and owner convenience With both units currently vacant, the new owner has a rare and powerful opportunity — set your own rents at current market rates, hand-select your tenants, or occupy one unit and let the other generate income to offset your mortgage. The flexibility here is unmatched. For the investor, two vacant 3-bedroom units in the Catskills region represent exceptional income potential in one of the most active short and long-term rental markets in all of Upstate New York. The combination of private garages, individual decks, and in-unit laundry in each unit commands premium rents and attracts long-term quality tenants. For the owner-occupant, this is the ultimate house hack — live in a spacious 3-bedroom home with your own garage, deck, and laundry while your tenant's rent works for you every single month. Located in Boiceville, New York within the Onteora School District, this property sits at the gateway to the Catskills — minutes from Woodstock, Phoenicia, and the natural beauty that makes Ulster County one of the most desirable destinations in the Hudson Valley. Easy access to Route 28 connects residents to Kingston, the I-87 corridor, and beyond. Multi-family properties of this caliber — with individual garages, decks, and laundry for each unit — in the Catskills region of Ulster County are extraordinarily rare. Whether you're building a portfolio, starting one, or looking for a smarter way to own a home in the mountains, 2 Mountain Valley Road deserves to be at the top of your list.

Features

  • Town: Olive
  • Bedrooms: 6
  • Baths: 2 full
  • Laundry: In Basement
  • Style: Other
  • Year Built: 1974
  • Garage: 2-car
  • Heating: Oil
  • Cooling: None
  • Basement: Unfinished
  • Acreage: 1.01
  • Est. Taxes: $5,462
  • Elem. School: Reginald Bennett Elementary School
  • Middle School: Onteora Middle School
  • High School: Onteora High School
  • School District: Onteora
  • MLS#: 984045
  • Website: https://www.raveis.com
    /prop/984045/2mountainvalleyroad_olive_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Boston Northwest   Phone: 845-928-8000

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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2 Mountain Valley Road, Olive (Boiceville), NY, 12412

$574,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $459,999 $459,999 $459,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.375% 6.638% 5.972%
Monthly Tax Payment $455 $455 $455
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,832 $2,908 $3,820
Total Monthly Payment $3,379 $3,455 $4,367

* 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.