Remarks

Invest in Catskill's Future: Exclusive 7-Unit Development OpportunityStep into a unique investment in the dynamic heart of Catskill with this exclusive 7-unit mixed-use project, offering an ideal blend of residential and commercial potential. This development strikes the perfect balance, featuring six apartments alongside a compelling retail/cafe space, positioned for maximum marketability and profitability.Highlights:Diverse Income Streams: Includes five 1-bedroom units and a spacious 2-bedroom apartment, plus a retail/cafe space for a commercial venture.Efficient Design: Each apartment is crafted for optimal living space with minimal maintenance needs, ensuring a high-quality tenant experience.Advanced Upgrades: Benefit from substantial updates like two new roofs, brand new plumbing and electrical systems, energy-efficient windows, and contemporary kitchens and bathrooms, laying the foundation for a high-value property.Self-Sustaining Units: The design allows for tenants to cover their own heat, electric, and hot water, reducing overhead and enhancing profitability.Projected Financials: Anticipate a strong NOI of $100,000 after completion, marking this project as a standout investment opportunity.This development not only represents a significant investment opportunity but also a chance to shape the fabric of Catskill with your vision. The groundwork has been laid, now it's time for you to finish the story.Experience the Potential Firsthand:Words only capture so much. To fully appreciate the scope and potential of this opportunity, seeing it in person is a must. This is more than an investment; it's a chance to leave a mark on Catskill's future.Act Now:Opportunities like this don't come often. Whether you're looking to expand your portfolio or make a distinctive mark in the real estate world, this Catskill development project is your canvas.

Details

MLS#: 152201
Price: $715,000

Bedrooms: 7
Baths Full: 7
Three Quarter Baths: 0
Baths Half: 0
Quarter Baths: 0
Sq Ft: 5700.00
Year Built: 1900

County: Greene
Lot Size: 0.06

School District: Catskill