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Property Description

Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential.

The property includes four well-proportioned units, each with its own meter and designated parking:

Studio with full bath — long-term tenant in place
2BR / 1.5BA unit — tenant in place
2BR / 2BA duplex — tenant in place
1BR / 1BA landlord suite — includes a generous living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal renovations & cosmetic updates, the suite could serve as a very comfortable owner’s residence while the remaining units offset carrying costs.
Land & Development Potential

The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey is included to support future development or expansion.

Notable improvements and features include:

Recent connection of all units to city water
20-year leach field
Recent (favorable) roof inspection
Preliminary evaluation of additional acreage for organic farming (details can be provided to contracted buyer, if desired)
The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening, relaxing, or barbecuing from the owners’ suite patio.

A beautiful stream runs behind the property, with a bridge providing access to the remaining acreage.

Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment opportunity in a desirable area, this property offers impressive potential.

• Mountain views • County & Private Road access • Convenient to Woodstock, Saugerties & the Catskills.

Features
Heating System:
Electric, Natural Gas
Cooling System:
Wall/window Unit(s), Multi Units
Basement:
Unfinished
View:
Mountain(s)
Fence:
No
Patio:
Patio
Flooring:
Hardwood, Carpet, Tile, Laminate
Interior Features:
High Speed Internet, First Floor Bedroom, In-law Floorplan, First Floor Full Bath
Laundry Features:
Electric Dryer Hookup, Washer Hookup, Laundry Room
Parking Features:
Parking Lot
Sewer:
Cesspool
Utilities:
Cable Available, Trash Collection Public, Natural Gas Connected, Electricity Connected, Water Connected
Address Map
City:
Saugerties
State:
NY
County:
Ulster County
Direction Faces:
North
Property and Construction
Architectural Style:
Bungalow
Development Status:
Aluminum Siding
Elementary School:
Cahill
High School:
Saugerties Senior High School
Agent MlsId:
61627
Office MlsId:
REDFIN
MiddleOrJunior School:
Saugerties Junior High School
Number Of Units:
4
Special Listing Conditions:
No
Tax Annual Amount:
$11,152
Water Source:
Public
PhotosCount:
50

Residential Income For Sale

266 Malden Turnpike, Saugerties, NY

6 Bedrooms
6 Bathrooms
$729,000
Listing ID #957429
Basic Details
Property Type :
Residential Income
Property SubType :
Duplex
Listing ID :
957429
Price :
$729,000
Bedrooms :
6
Bathrooms :
6
Bathrooms Total :
6
Building Area :
3,200 Sqft
Year Built :
1949
Status :
Active
Status :
Active
Listing Office :
Redfin Real Estate
Listing Agent :
Donna Gray
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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