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Listed by: Howard Hanna Rand Realty

$675,000

Est. payment - /mo

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4 Baths

3,216 SqFt

Active

2096 Ulster AVE Lake Katrine, NY 12449

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $209

MLS Listing ID 20263173

Year Built 1952

Annual Tax Amount $5,584

Tax Year 5584

Lot Size 1.790 Acres

Acres 1.79

Property Sub-Type Office

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

Opportunity Knocks! This fully renovated triplex offers a rare combination of quality craftsmanship, energy efficiency, and strong income potential. Major upgrades include brand-new central heating and air conditioning systems, hot water heaters, updated electrical and plumbing, a new roof, and newly paved driveway and parking areas. The property has also been extensively enhanced with 6-inch spray foam insulation throughout the building and attached garage, improving energy efficiency while creating the potential for additional rental income through valuable storage space. A newly installed sprinkler system provides an added layer of safety and peace of mind. Each unit features a private entrance, offering convenience and privacy for tenants. The first-floor unit provides generous living space and a spacious bedroom. The second-floor unit includes one bedroom plus a dedicated office, ideal for remote work or additional living flexibility. Unit 3 is the standout feature of the property. Upon entry, you'll find a full apartment, complemented by a stunning staircase leading to a third-floor loft area. This unique space includes a second full bathroom, wet bar, large gathering room, and a separate office, creating an exceptional living environment. Ideally located between Kingston and Saugerties, with convenient access to the New York State Thruway, this property enjoys a highly desirable setting. Outdoor enthusiasts will appreciate its proximity to Windham Mountain Club, Hunter Mountain, and Mohonk Mountain, as well as the renowned HITS Hudson Valley Horse Show Series. Exceptional craftsmanship and quality finishes throughout provide years of low-maintenance ownership. With an attractive cap rate and extensive renovations already completed, this turnkey investment property is ready to generate income from day one!

Location

State NY

County Ulster

Area Ulster-Town Of

Zoning HC

Interior

Heating Central, Electric, Separate Meters, Zoned

Cooling Central Air, Electric, Multi Units, Separate Meters, Zoned

Flooring Ceramic Tile, Hardwood, Luxury Vinyl

Exterior

Exterior Feature Private Entrance

Roof Type Asphalt,Shingle

Building

Lot Description Paved, Sloped

Foundation Block

Sewer Cesspool, Private Sewer

Water Private, Well

Others

Tax ID 540003901600010050000000

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