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  • Price$1,250,000
  • Acres3.30
  • Built1970

5 Simmons Street, saugerties

Very rare to find a 28-unit investment property on over three beautiful acres with seasonal views of the Hudson River. This is as solid an investment opportunity as you will find in the Hudson Valley. The cap rate is a very attractive 9.2% and some of the rents -- 20 one-bedrooms and 8 two-bedrooms, each with its own balcony -- may be under market value, with plenty of upside potential. It is also rare to have as meticulous a maintenance history as these units have had. Property manager/super already in place.

Essential Information

  • MLS® #20181545
  • Price$1,250,000
  • Acres3.30
  • Year Built1970
  • TypeMulti-Family
  • Sub-TypeMulti-Unit
  • StatusPENDING CONTINUE TO SHOW

Amenities

  • FeaturesSECURITY SYSTEM
  • ParkingLOT-PAVED
  • GaragesNone

School Information

  • DistrictSAUGERTIESCENTR

Listing Details

  • Listing AgentRobert Stang
  • Listing OfficeLawrence O'Toole Realty

Community Information

  • Address5 Simmons Street
  • AreaSaugerties-vlg
  • Citysaugerties
  • CountyUlster County
  • StateNY
  • Zip Code12477-1934

Interior

  • AppliancesRANGE, REFRIGERATOR, DISHWASHER
  • HeatingBASEBOARD
  • CoolingWINDOW UNIT
  • FireplacesNONE

Additional Information

  • Zoning02
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