262 Main Street $660,000

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    262 Main Street Saugerties, NY

    Sold
    SOLD 2/13/2020

    $660,000

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20193666
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    Views: 47

    Property Details

    PRIDE OF OWNERSHIP. Exceptionally maintained mixed use brick building on Main Street in historic Saugerties village. Solid tenants all paying their own utilities. Individual central air systems make all of these units very desirable. Many apartments have very high ceilings, with ample kitchen/living/dining space. 6 very well kept units broken down into (4) 2-bedroom units, (1) spacious 1-bedroom unit, and the large storefront commercial space. Main level 2 -bedroom unit is like a small house in itself. Open floor plan with large kitchen with center island cooktop, stainless appliances blended with equally large living room. Full bath and two large bedrooms with bonus back courtyard like space with small garden and two seating/hang out areas. This very versatile street level unit backs up to the storefront with hallway access. This setup is ideal for anyone who has a business and wants to live onsite in an apartment that can feel like home. Or with village approval convert the residential unit into a commercial kitchen and have the cafe/restaurant you've always wanted. This can be owner operated or leased out. The demand will be there and the back loading dock and parking lot with access to Jane Street makes daily deliveries possible. 2nd floor consists of large 1-bedroom unit with spacious living room and nice bedroom. Solid surface pre-finished wood floors throughout and a tidy kitchen. Other 2-bedroom on 2nd level is equally large with high ceilings and excellent natural light. 3rd level has the remaining (2) 2-bedroom units, one with freshly painted interior, updated bathroom, clean kitchen, newer carpets, and Catskill Mountain views to boot. Each unit has it's own special features and all the rents are below market with room to grow. Gigantic full basement also has possibilities. Rear parking lot for tenants, separate utilities, new roof in 2015, updated heating and cooling, newer replacement windows, many new water heaters, lots of storage, loading dock, and village walkability all add to the value found here. These apartments are unique and spacious and the large/deep commercial space lends itself to a myriad of potential uses. Full financials available upon request. Grab your slice of Saugerties now and start 2020 with excellent positive cash flow.

    • General Features
      • Age 100-200
      • AMENITIES OTHER/SEE REMARKS
      • Annual Expenses 31509
      • Annual Income 72600
      • Area Town Saugerties-vlg
      • General Taxes 3654
      • Owner Pays INSURANCE
      • 1 INSURANCE,MAINTENANCE,REPAIRS,SEWER,TAXES,TRASH,WATER
      • School Tax 8040
      • Sewer MUNICIPAL
      • Tenant Pays ALL UTILITIES
      • 1 ALL UTILITIES,ELECTRIC,GAS
      • Type Multi-Unit
      • Year Built 1900
    • Building Features
      • APPLIANCES OTHER/SEE REMARKS
      • BASEMENT FULL,OTHER/SEE REMARKS,INTERIOR ACCESS,UNFINISHED
      • Construction MASONRY, BRICK
      • COOLING AIR CONDITIONING CENTRAL
      • Fuel 0
      • GARAGE PARKING EXTRAS LOT-PAVED,OFF STREET,3 CAR +
      • Garage Type None
      • HEAT SOURCE FORCED AIR
      • HEATING FUEL NATURAL GAS
      • INTERIOR FEATURES 9
      • MISCELLANEOUS FEATURES CEILING-VAULTED,OTHER/SEE REMARKS
      • Number of Units 6
      • OTHER ROOMS OTHER/SEE REMARKS
      • Porch PATIO
      • SIDING BRICK
      • 1 1
      • 1 1
      • 1 750
      • 1 700
      • 2 1
      • 2 2
      • 2 875
      • 2 800
      • 3 1
      • 3 2
      • 3 1100
      • 3 800
      • 4 1
      • 4 2
      • 4 975
      • 4 800
    • Property Features
      • Garage Capacity None
      • Lot Dimensions .13
      • LOT FEATURES PARKING LOT,OTHER/SEE REMARKS,VIEW
      • LOT SITE HAMLET/VILLAGE
      • Number of Acres 0.13
      • VIEWS MOUNTAIN
      • 1 MUNICIPAL
    • Schools
      • School District SAUGERTIESCENTR
      • School District1 SAUGERTIESCENTR

    Neighborhood

    (Saugerties) Demographics

    No community information is available for this zip code.

    Property History

    Date Event Price Percent Change
    -- New in Database Source New Value: $0 -100%
    2/13/2020 3:00:00 AM Sold Source New Value: $660,000
    The data relating to real estate on this website comes in part from the IDX program of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Nutshell are marked with the IDX logo and detailed information about them includes the name of the listing broker. 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2020 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.