18 Mountain Turnpike
18 Mountain Turnpike
18 Mountain Turnpike
18 Mountain Turnpike
18 Mountain Turnpike
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For Sale

18 Mountain Turnpike

18 Mountain Turnpike, Catskill, NY 12414

$299,000
Opportunity awaits at 18 Mountain Turnpike! This six-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 6-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!

10
beds

7
baths

4,928 Sq.Ft. LIVING AREA

2 Acres lot

Michael Magliocca

Michael Magliocca

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms7
  • full bathrooms7

Area & Lot

  • Status For Sale
  • Living Area4,928 Sq.Ft.
  • Lot Area2 Acres
  • MLS® ID154138
  • TypeMulti-Family
  • YEAR BUILT1920

Exterior

  • water SourceWell
  • roofMetal
  • HEAT TYPEHot Water
  • sewerSeptic Tank
  • SubstructureStone
  • other exterior FeaturesVinyl

Financial

  • Sales Price$299,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 18 Mountain Turnpike, Catskill, NY 12414. We are reviewing your request and will be in touch shortly!

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We understand the significance of our area's rich history, breathtaking natural beauty, and the numerous investment opportunities it presents. Our experienced agents are well-versed in the local market, ensuring that you receive personalized attention and expert advice every step of the way.

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