See all 27 photos
$499,000
Est. payment /mo
6,098 Sqft Lot
New
51 North ST Catskill, NY 12414
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1025171
Rental Info No
Year Built 1910
Annual Tax Amount $8,850
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source onekey2
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 County
Interior
Heating Baseboard, Hot Water, Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Catskill Elementary School
Middle Schools Catskill Middle School
High Schools Catskill
School District Catskill
Others
Special Listing Condition None

Listed by Century 21 New West Properties • Natasha A. Witka
NEARBY SCHOOL & BUSINESS
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