Saugerties, NY 12477

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 0.3 Acres

Financials

Price:$1,499,000
Annual Taxes:$9,381.87
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Howard Hanna Rand Realty

Here is a rare chance to own a fully occupied, mixed use commercial property in one of the Village of Saugerties' most desirable and convenient locations.

Description

Here is a rare chance to own a fully occupied, mixed-use commercial property in one of the Village of Saugerties' most desirable and convenient locations. Available for the first time in over 25 years, this well-maintained 6-unit building offers the perfect combination of stable income, long-term upside, and an unbeatable location. Only 3 minutes from both busy Main street and the NYS Thruway. The property features three commercial storefronts on the first floor, currently occupied by established local businesses along with three oversized one-bedroom, one-bath residential apartments on the second floor. All units are separately metered for gas and electricity and include plenty of off street parking in a private lot. An increasingly valuable amenity in the Village. All tenants are currently on month-to-month leases, providing flexibility for future ownership. The residential apartments are exceptionally spacious, filled with natural light, and feature beautiful original hardwood floors throughout--offering timeless character and durability. Whether you're looking to establish yourself in the thriving Saugerties market, expand your investment portfolio, or acquire a versatile mixed-use asset with strong upside, 141 Ulster Avenue checks every box. Opportunities to own a property offering this combination of location, stability, and future income potential are exceptionally rare.

Amenities

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Long Island MLS

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.