181 Glenerie Boulevard, Lake Katrine

$1,100,000

0 Bed
7 Baths
4,544 Sqft
.55 Acre
0 Garage

Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.

Essential Information
MLS® #20255011
Price$1,100,000
Bathrooms7.00
Square Footage4,544
Acres0.55
Year Built1970
TypeCommercial Sale
Sub-TypeOther
StatusActive
Community Information
Address181 Glenerie Boulevard
AreaUlster-Town Of
CityLake Katrine
CountyUlster
StateNY
Zip Code12449
Amenities
Parking Spaces10
Utilities

Cable Available, Electricity Connected, Sewer Not Available, Water Connected, Propane

Interior
AppliancesRefrigerator, Range
HeatingHot Water, Propane
CoolingWall/Window Unit(s)
Exterior
Lot DescriptionLevel
RoofAsphalt, Metal
FoundationSlab, See Remarks
School Information
DistrictSaugerties Central Schools
Additional Information
Zoning32
Listing Details
AgentGregory Berardi
Listing Courtesy of Berardi Realty
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