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Property Description

Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.

Features
Heating System:
Electric, Baseboard, See Remarks, Propane
Cooling System:
Wall/window Unit(s)
Parking Features:
Common
Sewer:
Septic Tank
Utilities:
Phone Available, Trash Collection Public, Electricity Connected, Cable Connected, Water Connected, Sewer Connected, Propane
Address Map
City:
Ulster
State:
NY
County:
Ulster County
Directions:
From I87 exit 20, take ny 32 S toward Saugerties, merge onto US-9w, turn left on eastern parkway right on glenerie blvd.
Property and Construction
Development Status:
Other, Vinyl Siding, Clapboard
Elementary School:
Cahill
High School:
Saugerties Senior High School
Agent MlsId:
59688
Office MlsId:
BERARD
MiddleOrJunior School:
Saugerties Junior High School
Number Of Units:
7
Special Listing Conditions:
No
Stories Total:
1
Tax Annual Amount:
$9,966
Water Source:
Public
PhotosCount:
28

Commercial Sale For Sale

181 Glenerie Boulevard, Ulster, NY

23,765 Acre
$1,100,000
Listing ID #924846
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
924846
Price :
$1,100,000
Bathrooms Total :
0
Building Area :
4,544 Sqft
Lot Area :
23,765 Acre
Year Built :
1970
Status :
Active
Status :
Active
Listing Office :
Berardi Realty
Listing Agent :
Gregory C. Berardi
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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