Paul Saxe Rd, Catskill, Home For Sale

house for sale

Listed: 06/25/24

202 Paul Saxe Rd, Catskill, New York, 12414

8 Bed:

8 Bath:

3,240 Sq Ft Living Area:

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Price

$ 515,000

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About This House

Investment opportunity in Catskill NY! 5 Unit income producing property with 4 apartment rentals that provide 2 bedrooms and 2 bathrooms each. The fifth remaining unit is a sizeable storage barn that is also rented. Each unit offers a simple open floor plan, with abundant light and modern amenities. Four of the eight bathrooms have been renovated in the last 5 years to help ensure tenant satisfaction so that the property will maintain a high occupancy rate and provide a solid and reliable income stream. The property also provides ample parking for each unit and the barn. This property currently generates a nearly 8% cap rate of return for the Landlord. With tenant turnover and actual fair market rents the … Full description

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