Active
18 Mountain Turnpike
Catskill NY, 12414
$299,000
$60.67 per sqft
Active
10 Beds
7 Baths
4,928 sqft
Multi-family
Built in 1920
Opportunity awaits at 18 Mountain Turnpike! This six-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 6-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020.The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS.This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity!
154138
MLSⓇ ID
August 23, 2024
Listed
October 1, 2024
Updated
Map
18 Mountain Turnpike
Catskill NY, 12414
Interior Features
Bedrooms
10
Total Bathrooms
7
Full Bathrooms
7
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Hot Water
Exterior/Building Features
Lot Size
2 Acres
Exterior Features
Vinyl
Roof
Metal
Sewer
Septic Tank
School Information
School District
Catskill
Other Property Details
Area Name
Catskill
Garage
No
View
No
County
Greene
Water Source
Well
Pool
No
Listing Courtesy of Century 21 New West Properties, Michael Magliocca
The data relating to real estate for sale on this website comes in part from the IDX Program of the CGNDMLS. Real estate listings held by brokerage firms other than The Angela Lanuto Team are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. For the most current information, contact The Angela Lanuto Team, [email protected], .
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Data last updated 9:00 PM UTC, 10/1/2024