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351 Main Street, Saugerties, NY 12477 (MLS# 20140805)

351 Main Street, Saugerties, NY 12477

$210,000
Property Type: Residential Income Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $210,000 List Date: 3/04/2014 Last Modified: 9/02/2024

Overview

Description

The apartments in this 4 family are varied in layout, spacious, sensible, in great shape and easy to rent to reliable tenants - one of the nicest 4 family rental properties around. On a quite part of Main St. and only a short walk to Village shops, restaurants, schools, performing arts center, super market, the library, tennis, ice skating, the Saugerties lighthouse and beach for swimming. Newer roof and hot water heaters + many recent updates including new front hall carpet. Property looks great.

Listing Details MLS# 20140805

General Property Information

Number Of Units Total
4
Garage YN
No
Lot Size Acres
0.14
Lot Size Dimensions
75.00x80.00
Association YN
No
Sign On Property YN
No
Garage Spaces
0

Property Features

Appliances: Gas Water Heater; Range; Refrigerator Basement: Full Construction Materials: Aluminum Siding; Frame Electric: Circuit Breakers Flooring: Carpet; Linoleum Heating: Oil; Radiant Lot Features: Level Owner Pays: Gas; Oil Parking Features: Off Street Plumbing: Mixed Road Surface Type: Gravel Roof: Asphalt; Shingle Sewer: Public Sewer Showing Considerations: Occupied Tenant Pays: Electricity; Gas; Sewer; Water Water Source: Public

Contract Information

Original List Price
265000
Listing Contract Date
2014-03-03
Property Sub Type
Quadruplex
Listing Agreement
Exclusive Right To Sell
Owner Name
WONG-PAN
Owner Phone
Call LO

Location Tax and Legal

Street Number
351
Street Name
Main
Street Suffix
Street
State
NY
Zip Code
12477
Town (Taxable)
Saugerties-Vlg

Remarks and Miscellaneous

Public Remarks
The apartments in this 4 family are varied in layout, spacious, sensible, in great shape and easy to rent to reliable tenants - one of the nicest 4 family rental properties around. On a quite part of Main St. and only a short walk to Village shops, restaurants, schools, performing arts center, super market, the library, tennis, ice skating, the Saugerties lighthouse and beach for swimming. Newer roof and hot water heaters + many recent updates including new front hall carpet. Property looks great.

Status Change Information

Major Change Timestamp
2015-05-09T00:05:15Z
Major Change Type
Status Change
Status Change Timestamp
2015-05-23
Purchase Contract Date
2015-04-15
Close Date
2015-05-08
Close Price
210000
Buyer Financing
Cash
Concessions Amount
0

More Information

Book Information

Liber/Book
4019
Page
122
Section
18.61

Income and Expenses

Cap Rate
8
Fuel Expense
4010
Gross Scheduled Income
34020
Insurance Expense
1645
Monthly Income
2835
Net Operating Income
20313
New Taxes Expense
6924
Other Expense
420
Total Annual Expenses
13707
Trash Expense
422
Water Expense
286
Other Income
0

Unit 1 Information

Actual Rent
685

Unit 2 Information

Actual Rent
685

Unit 3 Information

Actual Rent
800

Unit 4 Information

Actual Rent
800

Showing Information

Showing Instructions
Call Listing Office

Historical Information

UC Public Historical Remarks
FIPS Code: NY111, Age: 61-100

Location, Tax, and Legal

Elementary School
Cahill K-6
General Tax
1825
School Tax
3834
Village Tax
1264
Tax Assessed Value
234000
Tax Legal Description
7,4,351 Main
Tax Lot
7
Tax Block
4
Zoning
05
Directions
From NY-212 E/NY-32 S, turn right onto Main St. Destination will be on the right corner.

Appliances

Gas Water Heater
Yes
Range
Yes
Refrigerator
Yes

Basement

Full
Yes

Construction Materials

Aluminum Siding
Yes
Frame
Yes

Electric

Circuit Breakers
Yes

Flooring

Carpet
Yes
Linoleum
Yes

Heating

Oil
Yes
Radiant
Yes

Lot Features

Level
Yes

Parking Features

Off Street
Yes

Plumbing

Mixed
Yes

Road Surface Type

Gravel
Yes

Roof

Asphalt
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Occupied
Yes

Water Source

Public
Yes

Owner Pays

Gas
Yes
Oil
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes
Listing Courtesy of Hubbard, Steve Real Estate
Listing Agent: Steve Hubbard
Information deemed reliable but not guaranteed.