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About the Listing NEWWST - 345850
Exceptional 16-Unit Investment Opportunity in the Village of Catskill, NY! A rare opportunity to acquire a third generation owned diversified 16-unit income-producing property in the heart of the Village of Catskill. This property is 1.97 acres and consists of a permitted 8-unit mobile home park paired with a solid brick 8-unit apartment building rich with historical charm, providing multiple revenue streams and strong tenant appeal. With location being key, it's Ideally located within walking distance to Catskill Commons with Walmart, Lowes, pharmacies, restaurants, and everyday essentials, this property benefits from consistent rental demand and excellent tenant convenience. The central village location supports low vacancy, Low turnover rate and long-term occupancy. Another key component to low turnover rate is how well kept the property is. Many upgrades have been done to the property regarding the utilities, common areas, new units, and newly renovated apartments. The brick apartment building features classic architectural character rarely found in today's market, offering durability, timeless appeal, and strong curb presence. The mobile home park provides stable, affordable housing—an increasingly in-demand asset class with attractive operating margins. On-site laundry services provide another convenient amenity for the tenants. Tenants also enjoy immediate access to everything the Catskill region has to offer, including Hudson River waterfront, boat launches, fishing, and scenic walking paths. Catskill Mountains hiking, skiing, and outdoor recreation. Nearby Hunter and Windham Mountains for four-season activities. Local breweries, restaurants, cafes, and arts scene. Short drive to Hudson, Saugerties, and Hudson. Easy access to Amtrak in Hudson and approximately 2-2.5 hours to NYC. This property presents a compelling opportunity for investors seeking strong cash flow, asset diversification, and long-term appreciation in one of Hudson Valley's most desirable and growing rental markets.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Electric Oven, Electric Range, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard,Natural Gas
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 20
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot
Financial Details
- Tax Amount: $25,990
- Taxes w/Assessments: N/A
- Tax/Property ID: 172.05-7-15
- Tax Year: N/A
Payment Calculator
Monthly Payment
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147-151 Grandview Ave Catskill, NY 12414
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