202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
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202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
202 Paul Saxe Road
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For Sale

202 Paul Saxe Road

202 Paul Saxe Road, Catskill, NY 12414

$515,000
Investment opportunity in Catskill NY! 5 Unit income producing property with 4 apartment rentals that provide 2 bedrooms and 2 bathrooms each. The fifth remaining unit is a sizeable storage barn that is also rented. Each unit offers a simple open floor plan, with abundant light and modern amenities. Four of the eight bathrooms have been renovated in the last 5 years to help ensure tenant satisfaction so that the property will maintain a high occupancy rate and provide a solid and reliable income stream. The property also provides ample parking for each unit and the barn. This property currently generates a nearly 8% cap rate of return for the Landlord. With tenant turnover and actual fair market rents the cap rate could certainly be pushing 10%. This property is within minutes of Catskill's beloved Story Farm's and fresh fruit, flowers, and vegetable stand. 10-15 minutes in either direction to the Village of Catskill, Saugerties, Cairo. Don't miss this rare opportunity to own a profitable, multi-unit property in one of the Hudson Valleys most desirable locations. Whether you're and experienced investor or looking to start your real estate portfolio, this property has a fantastic business model, is a work horse with consistent returns and long term growth.

8
beds

8
baths

3,240 Sq.Ft. LIVING AREA

1.7 Acres lot

Brian Kozloski

Brian Kozloski

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms8
  • full bathrooms8

Area & Lot

  • Status For Sale
  • Living Area3,240 Sq.Ft.
  • Lot Area1.7 Acres
  • MLS® ID153335
  • TypeCommercial
  • YEAR BUILT1982

Exterior

  • roofAsphalt
  • HEAT TYPEElectric
  • AIR CONDITIONINGNo
  • sewerPrivate Sewer
  • SubstructurePoured Concrete, Slab

Financial

  • Sales Price$515,000
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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 202 Paul Saxe Road, 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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