266 Malden Turnpike, Saugerties

Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with
beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential. The
property includes four well-proportioned units, each with its own meter and designated parking: Studio with full bath -- long-term tenant in place
2BR / 1.5BA unit -- recently refreshed and move-in ready 2BR / 2BA duplex -- tenant in place 1BR / 1BA landlord suite -- includes a generous
living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal
renovations & cosmetic updates, the suite could serve as a very comfortable owner's residence while the remaining units offset carrying expenses.
Land & Development Potential The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an
extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey
is included to support future development or expansion. Notable improvements and features include: Recent connection of all units to city water
20-year leach field Recent (favorable) roof inspection Preliminary evaluation of additional acreage for organic farming (details can be provided to
contracted buyer, if desired) The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening,
relaxing, or barbecuing from the owners' suite patio. A beautiful stream runs behind the property, with a bridge providing access to the
remaining acreage. Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment
opportunity in a desirable area, this property offers impressive potential. • Mountain views • County & Private Road access • Convenient to
Woodstock, Saugerties & the Catskills.