51-53 North Street, Catskill

$499,000

8 Beds
0 Bath
5,425 Sqft
.14 Acre
0 Garage

Value-Add 5 Unit Multifamily Investment Opportunity in the Village of Catskill! Located just one block from vibrant Main Street Catskill, this five-unit apartment building presents an outstanding opportunity for investors, owner-occupants, or those looking to reposition an income-producing asset in one of the Hudson Valley's fastest-growing real estate markets.
The property features a desirable unit mix of two one-bedroom apartments and three spacious two-bedroom apartments, offering broad rental appeal and strong long-term income potential. Two units are currently vacant, providing the rare opportunity for a new owner to owner-occupy, renovate, or implement a new investment strategy without waiting for tenant turnover. The property is priced to sell with needed TLC including electrical updates and heating system.
Positioned in a highly walkable Village location, residents can enjoy easy access to Main Street Catskill, locally owned coffee shops, award-winning restaurants, breweries, boutiques, art galleries, entertainment venues, and the scenic Hudson River waterfront parks. Just minutes away are the Thomas Cole National Historic Site, Dutchman's Landing Park, Subversive Brewing Company, and year-round events that continue to fuel Catskill's revitalization and demand for quality housing.
Conveniently located near the Rip Van Winkle Bridge, New York State Thruway (I-87), Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers excellent accessibility for commuters and tenants alike.
Whether you're expanding your real estate investment portfolio, completing a 1031 Exchange, seeking a multifamily investment property, or searching for an owner-occupied income property, 51-53 North Street offers exceptional upside, a prime location, and the opportunity to build equity in one of the Catskills' most desirable communities.

Essential Information
MLS® #20263933
Price$499,000
Bedrooms8
Bathrooms0.00
Square Footage5,425
Acres0.14
Year Built1910
TypeResidential Income
Sub-TypeMulti Family
StyleOther
StatusActive
Community Information
Address51-53 North Street
AreaCatskill
CityCatskill
CountyGreene
StateNY
Zip Code12414
Amenities
ParkingOn Street
ViewNeighborhood
PoolNone
Utilities

Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Interior
Interior FeaturesGranite Counters
AppliancesRefrigerator, Range
HeatingBaseboard, Oil
CoolingWindow Unit(s), None
StoriesTwo
Exterior
ExteriorBrick, Frame
Exterior FeaturesPrivate Yard
Lot DescriptionLevel
RoofAsphalt, Shingle
ConstructionBrick, Frame
FoundationCombination
School Information
DistrictCatskill School District
Additional Information
ZoningR2-.14
Listing Details
AgentNatasha Witka
Listing Courtesy of Century 21 New West
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