559 Ross Ruland Road, South Cairo

$599,000

0 Beds
0 Baths
0 Sqft
138.3 Acres
1 Garages

SPECIAL OPPORTUNITY - Amazing chance to have an income-producing 4-family property, plus over 138 very accessible acres including beautiful old fieldstone walls. The classic level woodlands are quite usable. Mostly forested with acres of meadows. Nearly 3 miles of trails, there are endless opportunities: hike; horseback riding; snow mobiles, mountain bikes, ATVs; great hunting; lots of wildlife; seasonal creek and ponds. Old railroad gravel bed runs through the forested property making these woods especially accessible. For tax savings, 115.9 acres are currently in the NYS DEC forest management 480a tax exemption program. For maximum flexibility, 22.4 acres are not in the program: 10 acre parcel (136.00-4-14) not part of the tax exemption program. Perfect spot to build your dream home in the woods. Steady income: tenanted 4-unit house, plus an unfinished 5th unit. Also there's an unfinished 550 sq ft bungalow/studio/workshop. Separate metering for all 4 units, tenants pay for their own electric and heat. 2-stall barn, garage, and additional outbuildings. With 6 separate tax map IDs, you could keep one parcel, and sell off some or all of the surrounding land. Conveniently located to all that the Hudson Valley has to offer: just 5 minutes to the fantastic Hannaford supermarket, and only minutes to Story Farms for the best strawberries and corn!  Minutes to skiing at Windham Mountain or Hunter Mountain, and the charming Village of Catskill is close by; 2.5 hours from NYC. See MLS #20204351.

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