262 Main Street, Saugerties

$750,000

0 Beds
0 Baths
0 Sqft
.13 Acres
0 Garages

PRIDE OF OWNERSHIP. Exceptionally maintained mixed use brick building on Main Street in historic Saugerties village. Solid tenants all paying their own utilities. Individual central air systems make all of these units very desirable. Many apartments have very high ceilings, with ample kitchen/living/dining space. 6 very well kept units broken down into (4) 2-bedroom units, (1) spacious 1-bedroom unit, and the large storefront commercial space. Main level 2 -bedroom unit is like a small house in itself. Open floor plan with large kitchen with center island cooktop, stainless appliances blended with equally large living room. Full bath and two large bedrooms with bonus back courtyard like space with small garden and two seating/hang out areas. This very versatile street level unit backs up to the storefront with hallway access. This setup is ideal for anyone who has a business and wants to live onsite in an apartment that can feel like home. Or with village approval convert the residential unit into a commercial kitchen and have the cafe/restaurant you've always wanted. This can be owner operated or leased out. The demand will be there and the back loading dock and parking lot with access to Jane Street makes daily deliveries possible. 2nd floor consists of large 1-bedroom unit with spacious living room and nice bedroom. Solid surface pre-finished wood floors throughout and a tidy kitchen. Other 2-bedroom on 2nd level is equally large with high ceilings and excellent natural light. 3rd level has the remaining (2) 2-bedroom units, one with freshly painted interior, updated bathroom, clean kitchen, newer carpets, and Catskill Mountain views to boot. Each unit has it's own special features and all the rents are below market with room to grow. Gigantic full basement also has possibilities. Rear parking lot for tenants, separate utilities, new roof in 2015, updated heating and cooling, newer replacement windows, many new water heaters, lots of storage, loading dock, and village walkability all add to the value found here. These apartments are unique and spacious and the large/deep commercial space lends itself to a myriad of potential uses. Full financials available upon request. Grab your slice of Saugerties now and start 2020 with excellent positive cash flow.

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