5973 Route 28, PHOENICIA

$998,000

5 Beds
2½ Baths
2,451 Sqft
6 Acres
1 Garages

PRIME LOCATION for a family owned business in the hip hamlet of Phoenicia,first time on market in more than 50 years! Located along the highly traveled and visible Route 28,with frontage along the Esopus Creek for tubing,swimming, world class trout fishing and kayaking. Known as SIMPLER TIMES CABINS,this quintessential Catskill Lodging Experience is ready for new owners who are looking for a business opportunity that can only grow as they implement their own business plan. A solid and well maintained, 2451 square foot farm house with fireplace (5 bedroom,2.5 baths)offers the flexibility of living on site, or renting with the possibility of turning it into a 2 family residence. Nine unique rustic/vintage cabins feature one or two bedrooms with private bath,TV, outdoor grills and furniture. Eight cabins have fully equipped kitchens. Four cabins stay open year round. Whispering Pines Camp is the site of 24 wooded' seasonal RV/trailer pads located along the Esopus Creek. Both the cabins and trailer pad rentals offer a built-in repeat business from tourists,fisherman,hikers, hunters and skiers booked 1 year in advance. Ample storage sheds for storage and workshops. Owners pay all utilities for cabin rentals. RV owners pay for their own electric and water. Three business opportunities in one: main house, cabin rentals, and RV pad rental sites.

Property History
Price Reduced from $1,200,000 to $998,000
LISTING MAP

Mortage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information