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$275,000 USD
18 Mountain Turnpike
Catskill, New York 12414
USA
Catskill, New York 12414
USA
7 full baths
Commercial for Sale, Multi-Family Home
Land size: 0.809 ha ::
2.00 acres
Sale price per sqm: 0
Remarks:
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!
Features:
- Year Built: 1920
- Building age: Over 50 years old
- Area amenities: Outdoor Activities
- Utilities: Well, Septic tank
- Lot size: 2-4.99 Acres
Location:
18 Mountain Turnpike, Catskill, New York 12414, USA
Listed By CENTURY 21 New West Properties
The Commercial for Sale, Multi-Family Home located at 18 Mountain Turnpike, Catskill, New York 12414, USA is currently for sale. 18 Mountain Turnpike, Catskill, New York 12414, USA is listed for $275,000 USD. This property has 7 full baths. If the property located at 18 Mountain Turnpike, Catskill, New York 12414, USA isn't what you're looking for, search New York Real Estate to see other Commercial For Sale in Catskill.