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Property Description
Welcome to a great investment opportunity in picturesque Chichester, NY.
This 3-story multi-family home consists of 5 fully renovated spacious apartments, four 2-bedroom/1-bathroom apartments on the 1st and 2nd floors, and a 1-bedroom/1-bathroom luxury loft apartment on the 3rd floor.
All apartments have modern fixtures and finishes, and most have hardwood floors. The property features a large yard, laundry facilities and a paved parking lot.
It is located in the heart of the Catskill Mountains, providing opportunities for rest, relaxation, and outdoor activities in a pristine wilderness.
Furthermore, there are many opportunities for shopping and leisure activities in nearby historic Phoenicia and Woodstock, as well as great skiing at the Hunter and Bellayre Mountain resorts.
Given its location and amenities, this property is a rewarding investment choice, with an 8.2% cap rate.
Don’t miss the chance to own this profitable property in beautiful upstate New York. Seller financing is available.
Features
- Heating System:
- Oil, Baseboard
- Cooling System:
- Multi Units
- Basement:
- Bilco Door(s)
- Parking Features:
- Private, Off Street
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected, Sewer Connected
Address Map
- City:
- Shandaken
- State:
- NY
- County:
- Ulster County
- Directions:
- Follow I-87 S to NY-28 W in Ulster. Take exit 19 from I-87 N, Follow NY-28 W to NY-214 N in Chichester, Take NY-214N for 2 miles past the U.S. Post Office, the property will be on the left, look for the large red building.
Property and Construction
- Development Status:
- Frame
- Elementary School:
- Greater Plains Elementary School
- High School:
- Onteora High School
- Agent MlsId:
- 186715
- Office MlsId:
- KRT01
- MiddleOrJunior School:
- Oneonta Middle School
- Number Of Units:
- 5
- Special Listing Conditions:
- No
- Stories Total:
- 3
- Tax Annual Amount:
- $12,200
- Water Source:
- Well
- PhotosCount:
- 36
Commercial Sale For Sale
553 State Route 214, Shandaken, NY
26,136 Acre
$800,000
Listing ID #896207
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- 896207
- Price :
- $800,000
- Bathrooms Total :
- 0
- Building Area :
- 7,000 Sqft
- Lot Area :
- 26,136 Acre
- Year Built :
- 1900
- Status :
- Active
- Status :
- Active
- Listing Office :
- Karten Real Estate Svcs LLC
- Listing Agent :
- Mark Karten PSA SRS
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
