18 Mountain Turnpike
Catskill, New York

Listed By CENTURY 21 New West Properties

The Commercial Property for Sale located at Catskill, New York is currently for sale. Catskill, New York is listed for $275,000. This property has 7 bathrooms features. If the property located at Catskill, New York isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Catskill .

Date Updated : Jan 9, 2025

MLS#: 154138

$275,000 USD

Total rooms
7

The details

Property features

Construction details

Year built: 1920

Area

Land/Lot size: 8,094m² (2ac)
Bathrooms: 7
Total rooms: 7

Description

Opportunity awaits at 18 Mountain Turnpike! This six-unit apartment building offers a significant investment potential with a promising estimated gross income of $112,000 per year. Recent upgrades include a new 6-meter electric panel, a new heating system installed in 2020, and a state-of-the-art engineered 3,000-gallon septic system also from 2020. The property features ample parking for approximately six cars and includes a two-car garage with three storage units. Please note, the building is currently gutted and requires extensive structural and renovation work, with estimated repair costs ranging from $75,000 to $100,000 per unit. This property will not qualify for financing and is being sold AS-IS. This is a perfect project for the savvy investor ready to transform this space into a high-income-generating property. Don't miss out on this exciting opportunity!

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Location

Catskill, New York

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18 Mountain Turnpike Catskill, New York