Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.
Listing By
Agency Name: Berardi Realty
Agency Phone: 845-201-1111
Shown By
Agent Name: TEAM Rita Bender
Agent Phone: Cell: (631) 871-5470
Agency Title: Howard Hanna | Coach Realtors
181 Glenerie Boulevard | MLS# 924846
This commercial property located at 181 Glenerie Boulevard, Lake Katrine, NY 12477 is currently listed for sale with an asking price of $995,000. Glenerie Boulevard is located within the Saugerties school district. Search Lake Katrine real estate on www.ritabender.com today.