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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.
- MLS® #20181545
- Year Built1970
- StatusPENDING CONTINUE TO SHOW
- FeaturesSECURITY SYSTEM
- Listing AgentRobert Stang
- Listing OfficeLawrence O'Toole Realty
- Address5 Simmons Street
- CountyUlster County
- Zip Code12477-1934
- AppliancesRANGE, REFRIGERATOR, DISHWASHER
- CoolingWINDOW UNIT
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