$299,000
Active
58 Days Online
10 Beds7 Baths4,928 SQFT
Active

18 Mountain Turnpike Catskill, NY 12414

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyGreene
  • Taxes$7,415
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusActive
  • MLS ID Number154138
  • Home Size Source N/A
  • Year Built1920
  • Lot Size2 Acres
  • Full Baths7
  • Partial BathsN/A

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Schools

School District
Catskill
Elementary School
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