Maria Smith

51-53 North Street, Catskill, NY 12414

New - 15 Hours Ago

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Property Description

Value-Add 5 Unit Multifamily Investment Opportunity in the Village of Catskill! Located just one block from vibrant Main Street Catskill, this five-unit apartment building presents an outstanding opportunity for investors, owner-occupants, or those looking to reposition an income-producing asset in one of the Hudson Valleys fastest-growing real estate markets.The property features a desirable unit mix of two one-bedroom apartments and three spacious two-bedroom apartments, offering broad rental appeal and strong long-term income potential. Two units are currently vacant, providing the rare opportunity for a new owner to owner-occupy, renovate, or implement a new investment strategy without waiting for tenant turnover. The property is priced to sell with needed TLC including electrical updates and heating system. Positioned in a highly walkable Village location, residents can enjoy easy access to Main Street Catskill, locally owned coffee shops, award-winning restaurants, breweries, boutiques, art galleries, entertainment venues, and the scenic Hudson River waterfront parks. Just minutes away are the Thomas Cole National Historic Site, Dutchmans Landing Park, Subversive Brewing Company, and year-round events that continue to fuel Catskills revitalization and demand for quality housing.Conveniently located near the Rip Van Winkle Bridge, New York State Thruway (I-87), Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers excellent accessibility for commuters and tenants alike.Whether youre expanding your real estate investment portfolio, completing a 1031 Exchange, seeking a multifamily investment property, or searching for an owner-occupied income property, 51-53 North Street offers exceptional upside, a prime location, and the opportunity to build equity in one of the Catskills most desirable communities.

51-53 North Street | MLS# 20263933

This multi-family property located at 51-53 North Street, Catskill, NY 12414 is currently listed for sale with an asking price of $499,000. 51-53 North Street is located within the Catskill School District school district. Search Catskill real estate on maria-smith.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Oil
Heating: Baseboard, Oil
Home Style: Other
Lot Size: 0.72 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $9,401
Year Built: 1910

Amenities

Granite Counters
Private Yard

Feature Descriptions

Appliances: Refrigerator, Range
Exterior: Brick, Frame
Flooring: Carpet, Hardwood, Tile
Lot: Level
Parcel #: 156.70-3-6
Parking: On Street
Patio/Porch: Rear Porch
Road Frontage: Town
Road Surface: Asphalt, Paved
Sewer: Public Sewer
SQFT Total: 5425
Tenant Pays: Electricity, Gas
Units: 5
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Catskill School District

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Estimated Payment

$ 2,039.52 per month $1,110.56 Principal & Interest $783.42 Property Tax $145.54 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Century 21 New West

Shown By

Agent Name: Maria Smith
Agent Phone: (516) 606-5150 Cell
Agency Title: Timberland Properties

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