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Listed by: Century 21 New West

$499,000

Est. payment - /mo

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9 Beds

5,425 SqFt

New

51-53 North ST Catskill, NY 12414

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,425 sqft

Price per Sqft $91

MLS Listing ID 20263933

Style Other

Bedrooms 9

Year Built 1910

Annual Tax Amount $8,850

Tax Year 8850

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Multi Family

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

Value-Add 5 Unit Multifamily Investment Opportunity in the Village of Catskill! Located just one block from vibrant Main Street Catskill, this five-unit apartment building presents an outstanding opportunity for investors, owner-occupants, or those looking to reposition an income-producing asset in one of the Hudson Valley's fastest-growing real estate markets.
The property features a desirable unit mix of two one-bedroom apartments, two spacious two-bedroom apartments, and one three-bedroom apartment with a flex space, offering broad rental appeal and strong long-term income potential. Two units are currently vacant, providing the rare opportunity for a new owner to owner-occupy, renovate, or implement a new investment strategy without waiting for tenant turnover. The property is priced to sell with needed TLC including electrical updates and heating system.
Positioned in a highly walkable Village location, residents can enjoy easy access to Main Street Catskill, locally owned coffee shops, award-winning restaurants, breweries, boutiques, art galleries, entertainment venues, and the scenic Hudson River waterfront parks. Just minutes away are the Thomas Cole National Historic Site, Dutchman's Landing Park, Subversive Brewing Company, and year-round events that continue to fuel Catskill's revitalization and demand for quality housing.
Conveniently located near the Rip Van Winkle Bridge, New York State Thruway (I-87), Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers excellent accessibility for commuters and tenants alike.
Whether you're expanding your real estate investment portfolio, completing a 1031 Exchange, seeking a multifamily investment property, or searching for an owner-occupied income property, 51-53 North Street offers exceptional upside, a prime location, and the opportunity to build equity in one of the Catskills' most desirable communities.

Location

State NY

County Greene

Area Catskill

Zoning R2-.14

Rooms

Basement Partially Finished

Interior

Interior Features Granite Counters

Heating Baseboard, Oil

Cooling Window Unit(s), None

Flooring Carpet, Hardwood, Tile

Equipment None

Laundry None

Exterior

Exterior Feature Private Yard

Fence None

Pool None

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

View Neighborhood

Roof Type Asphalt,Shingle

Porch Rear Porch

Building

Lot Description Level

Story 2

Foundation Combination

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Two

Schools

High Schools Catskill School District

School District Catskill School District

Others

Tax ID 156.70-3-6

NEARBY SCHOOL & BUSINESS

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Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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