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18 Mountain Turnpike, Catskill, NY 12414

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For Sale

$275,000

10 beds7 baths4,928 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $55.80
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Opportunity awaits at 18 Mountain Turnpike! This 5-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 7-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020.The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS.This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity!
MLS# 154138

Courtesy Of Century 21 New West Properties

9432620

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Hot Water
  • Lot Size
    2 Acres
  • Roof Type
    Metal
  • Rooms
    Basement, Dining Room, Kitchen, Living Room

Home seller CENTURY 21 New West Properties

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 New West Properties

(518) 943-2620
Learn More About Us

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