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3559-3561 Route 32, Saugerties, NY 12477

14 Photos
 
$329,000 List Price
Off Market
 
Listing ID 10972419
Property Type Commercial
County Ulster
Total Tax $8,851
Tax ID 000000-008.002-0006-031.000
FEMA Flood Map fema.gov/portal
Year Built 1986
   
Virtual Tour
Solid apartment complex located just outside the Village of Saugerties & about 3 miles from NYS Thruway Exit 20. Two buildings with ""4"" two bedroom units in one & the other building having a 1 bedroom & a large 3 bedroom apartment. Current rents in the 2 unit building are well below market. Back 4 unit building has just been renovated on its interior & exterior, also new curtain drain & decks. Two new leach fields have also just been installed. Cap rate at asking price is 11% including vacancy.
Property Details
  • 2.70 Acres
  • Built in 1986
Income/Expenses
  • Gross Income $56,280
  • Net Income $36,807
  • Insurance Exp $3,165
Taxes and Fees
  • $5,763 School Tax
  • $3,088 County Tax
  • $8,851 Total Tax
Previously Listed By
Gregory Berardi
Win Morrison Realty
Office: 845-339-9999
Listing data is deemed reliable but is NOT guaranteed accurate.
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