Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Pets: | No Pets Allowed |
| Lot Size: | 1.40 Acres |
Financials
Listing Courtesy of Berardi Realty
Excellent investment opportunity in one of Ulster County's most desirable rental markets.
- View of covered parking lot
- View of apartment building / complex
- View of asphalt road
- View of front of home featuring a front yard and brick siding
- Rear view of house featuring a lawn and brick siding
- View of side of property with a yard and brick siding
- View of property
- View of front of house featuring brick siding and a front yard
- View of car parking
- View of road featuring a residential view
- View of front of house featuring a front lawn and brick siding
- Spare room with a baseboard radiator and light wood-style floors
- Kitchen with white appliances, white cabinetry, under cabinet range hood, and light tile patterned flooring
- Unfurnished bedroom featuring a baseboard radiator, multiple windows, light wood-style flooring, and a closet
- Unfurnished room featuring a baseboard heating unit and light wood finished floors
- Kitchen with dark countertops, stainless steel appliances, tasteful backsplash, ceiling fan, and light wood-style flooring
- Kitchen featuring stainless steel appliances, decorative backsplash, dark stone countertops, ceiling fan, and light tile patterned floors
- Bathroom featuring tile walls, vanity, a baseboard heating unit, and light tile patterned floors
- Full bath featuring shower / washtub combination
- Spare room with a baseboard radiator and baseboards
- Bathroom featuring tile walls, a shower stall, vanity, and light tile patterned flooring
- Utilities featuring water heater
- Utility room featuring water heater
- Utility room featuring water heater, tankless water heater, and gas water heater
- Utilities featuring electric panel
Description
Excellent investment opportunity in one of Ulster County's most desirable rental markets. This well-maintained Fair Market 22-unit multifamily property sits on a quiet residential street just minutes from the heart of the Village of Saugerties. The building features a mix of studio, one-bedroom, and two-bedroom apartments, with two three-bedroom duplex units providing strong occupancy and consistent rental income. The building also offers covered parking for most of the tenants and two garages. Each unit offers well-maintained common area entrances, separate utilities, and off-street parking, appealing to both long-term tenants and newcomers drawn to Saugerties' growing community. The property benefits from public water and sewer, low village vacancy rates, and proximity to shopping, dining, and major commuter routes, including I-87 Exit 20. With stable cash flow and opportunity for future rent growth, 30 Lamb Avenue presents a rare chance to acquire a high-yield multifamily asset in a thriving Hudson Valley market. Major improvements include 22 new wall-mounted boilers (providing heat and hot water), updated kitchens and bathrooms throughout most units, hardwood flooring, tiled kitchens and bathrooms in most units, along with balconies off of the dining areas. There is a shopping plaza within a short walking distance of the property, and County bus transportation is available on the corner.
Amenities
- Cable Connected
- Electricity Connected
- Phone Connected
- Sewer Connected
- Trash Collection Public
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.