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Sold for $925,000 on 03/04/24
  • $925,000

    262 Main St, Saugerties, NY 12477

    9beds
    0baths
    6,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $979,100 Zestimate®
    $154/sqft
    $2,116 Estimated rent

    Owner options

    List your home for rent

    $2,116/mo

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    $2,116/mo

    Rent Zestimate®

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    $6,066/mo

    Est. payment

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    $6,066/mo

    Est. payment

    What's special

    PRIDE OF OWNERSHIP. Exceptionally maintained mixed use brick building on Main Street in historic Saugerties village. Solid tenants all paying their own utilities. Individual central air systems make all of these units very desirable. Many apartments have very high ceilings, with ample kitchen/living/dining space. 6 very well kept units broken down into (4) 2-bedroom units, (1) spacious 1-bedroom unit, and the large storefront commercial space. Main level 2 -bedroom unit is like a small house in itself. Open floor plan with large kitchen with center island cooktop, stainless appliances blended with equally large living room. Full bath and two large bedrooms with bonus back courtyard like space with small garden and two seating/hang out areas. This very versatile street level unit backs up to the storefront with hallway access. This setup is ideal for anyone who has a business and wants to live onsite in an apartment that can feel like home. Or with village approval convert the residential unit into a commercial kitchen and have the cafe/restaurant you've always wanted. This can be owner operated or leased out. The demand will be there and the back loading dock and parking lot with access to Jane Street makes daily deliveries possible. 2nd floor consists of large 1-bedroom unit with spacious living room and nice bedroom. Solid surface pre-finished wood floors throughout and a tidy kitchen. Other 2-bedroom on 2nd level is equally large with high ceilings and excellent natural light. 3rd level has the remaining (2) 2-bedroom units, one with freshly painted interior, updated bathroom, clean kitchen, newer carpets, and Catskill Mountain views to boot. Each unit has it's own special features and all the rents are below market with room to grow. Gigantic full basement also has possibilities. Rear parking lot for tenants, separate utilities, new roof in 2015, updated heating and cooling, newer replacement windows, many new water heaters, lots of storage, loading dock, and village walkability all add to the value found here. These apartments are unique and spacious and the large/deep commercial space lends itself to a myriad of potential uses. Full financials available upon request. Grab your slice of Saugerties now and start 2020 with excellent positive cash flow.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Features
    • 9 FT CEILINGS
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 6,000 sqft

    Property

    Features
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 5,662 sqft
    • Features: PARKING LOT, VIEW, OTHER/SEE REMARKS
    Details
    • Parcel number: 5148011826323

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Piers
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: MUNICIPAL

    Community & neighborhood

    Location
    • Region: Saugerties

    Other

    Other facts
    • Class: MULTI-FAMILY
    • For Sale: For Sale
    • WATER: MUNICIPAL
    • BASEMENT: FULL, UNFINISHED, INTERIOR ACCESS, OTHER/SEE REMARKS
    • LEASE TYPE: MONTH TO MONTH
    • OWNER PAYS: INSURANCE, SEWER, TAXES, WATER, TRASH, MAINTENANCE, REPAIRS
    • SEWER: MUNICIPAL
    • TENANT PAYS: ELECTRIC, ALL UTILITIES, GAS
    • HEATING FUEL: NATURAL GAS
    • LOT/SITE: HAMLET/VILLAGE
    • LOT FEATURES: PARKING LOT, VIEW, OTHER/SEE REMARKS
    • GARAGE/PARKING EXTRAS: OFF STREET, 3 CAR +, LOT-PAVED
    • CONSTRUCTION: MASONRY, BRICK
    • SIDING: BRICK
    • HEAT SOURCE: FORCED AIR
    • OTHER BUILDINGS: OTHER/SEE REMARKS
    • Type: Multi-Unit
    • OTHER ROOMS: OTHER/SEE REMARKS
    • APPLIANCES: OTHER/SEE REMARKS
    • PORCH: PATIO
    • SPEC. INFO: RENT ROLL
    • VIEWS: MOUNTAIN
    • MISCELLANEOUS FEATURES: CEILING-VAULTED, OTHER/SEE REMARKS
    • AMENITIES: OTHER/SEE REMARKS
    • COOLING/AIR CONDITIONING: CENTRAL
    • INTERIOR FEATURES: 9 FT CEILINGS