Saugerties-town
87 Overlook Estates, Saugerties, NY, 12477
$3,650,000
- Remarks: Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Most rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, current rents and pro-forma rents at fair market rate. All residential units have thier owner water meter so there is a potential to have the tenants pay for thier own water ussage and eliminate that expense.
- Addendum: Buyers must provide proof of funds for Cash purchase or Letter/Email from Commercial lender on buyers bank qualification prior to showing. Please see associated doc's for additional info and income/expense sheet.
- MLS #: 20232628
- Zone: Hdr
- Listing Category: Multi-family
- Acreage: 2.3
- Year built: 1989
- Age: 21-40
- Lot: 9.210
- Basement: Crawl, Full, Other/see Remarks, Concrete Floor, Bilco Door
- Attic: St/cr
- Other Rooms: Other/see Remarks
- Amenities: GARDEN AREA, PLAY AREA, OTHER/SEE REMARKS
- Number of Units: 18
INTERIOR FEATURES
- Kitchen Description: Breakfast Bar, Cabinets Wood, Country, Eat-in, Island, Pantry
- Appliances: Dishwasher, Range, Refrigerator
- Flooring: Carpet, Ceramic, Hardwood
- Cooling/Air Conditioning: Ceiling Fan, Ductless Split Ac Units
- Additional Interior Features: Smoke Detector, Carbon Monixide Detector, Insulated Doors, Walk In Closets
UTILITIES
- Heat Source: Baseboard, Central, Hot Water, Ductless Mini Split Sys
- Heating Fuel: Electric, Natural Gas
- Hot Water: Electric
- Water: 8451 Community, Municipal
- Plumbing: Mixed
- Electric: 600
- Electricity: 100 Amps, 200 Amps
- Sewer: Community, Municipal
EXTERIOR FEATURES
- Garage Type: Garage Detached
- Garage Capacity: Four +
- Garage/Parking Extras: Driveway, Lot-paved, Off Street, Other/see Remarks, 3 Car +
- Driveway: Blacktop
- Style: Apt. Complex
- Construction: Frame/mod, Frame/stick
- Siding: Vinyl
- Porch: Deck, Open
- Roof: Asph Shingle
- Other Buildings: Additional Garage, Other/see Remarks
- Lot Features: Landscaped, Level, Parking Lot, Slope-gently, Other/see Remarks
- Views: Seasonal, Panoramic, River
- Water Features: Walk To Dock, Walk To Beach
- Water Ways: Hudson River
- Additional Exterior Features: Landscaped, Outside Lighting
- Lot Dimensions: 2.3 Acres
LOCATION DETAILS
- Area/Town: Saugerties-town
- School District: Saugerties Central Schools
- Elementary School: Riccardi K-6
- Lot/Site: Hamlet/village, Suburb
- County: Ulster County
- Directions: From Nys Thruway Exit 20 Saugerties To Right On Rte 32 To Left On Main To Second Right On Partition To Left On Hill St, Left On Barclay, Right On Burt, Left On Rte 32, Left On Glasco Trpke To Right On Overlook. #87 Will Be On The Left.
LISTED BY
- Office Name: Berardi Realty
- Agent: Gregory Berardi
- Updated: 2023-11-08 14:48:28
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