1950-1958 Ulster Avenue, Lake Katrine, NY 12449
FOR SALE0.91 ACRES

1950-1958 Ulster Avenue
Lake Katrine, NY 12449

  • Studio
  • 25 Baths
  • Studio
  • 25 Baths

$495,000

Est. Mortgage $3,401/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Mixed use property conveniently located on Route 9W in Lake Katrine across from Angelas Pizza. This unique property consists of three rental units, one single family home and one store front with a two bedroom apartment upstairs. The single family home was built in 1934 and the store and apartment were built in 1970. This location would be a great opportunity for investors. The current rents are way below market value. The 2 bedroom above the store currently rents for $800 per month could rent for $1,500 per month. The single family home currently rents for $1,050. and could easily rent for $1800-$2.000 per month. The former Deli/Tattoo parlor was renting for $1,000 per month. The commercial space on the first floor offers 950 Square feet with central air and newly upgraded 200 amp electric.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
40 days ago
Last check for updates: about 13 hours ago
Listing by: Kitchen Realty Group, (845) 389-2700
Eric Kitchen, (845) 389-2700
Source: UCBR, MLS#20240636

Home Details for 1950-1958 Ulster Avenue

Interior Features

Beds & Baths
Number of Bathrooms: 25
Heating & Cooling
Heating: Baseboard,Electric,OilHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Flooring: Hardwood, Linoleum
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood, Linoleum

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleOther Structures: Second Residence, Other, See Remarks
Parking & Garage
No Garage
Frontage
Road Surface Type: Asphalt
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 40

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family
Building
Construction Materials: Frame

Price & Status

Price
List Price: $495,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Lake Katrine
School Information
Elementary School: Crosby K-4High School District: Kingston Consolidated

Agent Information

Listing Agent
Listing ID: 20240636

HOA

No HOA

Lot Information

Lot Area: 0.91 acres

Offer

Listing Terms: Lease Option

Compensation

Buyer Agency Commission: 2.50Buyer Agency Commission Type: %Sub Agency Commission: 0.00Sub Agency Commission Type: %Transaction Broker Commission: 0.00Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: All Utilities, Electricity, Oil

Rental

Owner Pays: Sewer, Taxes, Water

Miscellaneous

Mls Number: 20240636

Price History for 1950-1958 Ulster Avenue

DatePriceEventSource
03/17/2024$495,000Listed For SaleUCBR #20240636

Similar Homes You May Like

New Listings near 1950-1958 Ulster Avenue

Comparable Sales for 1950-1958 Ulster Avenue

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.76
Multi-Family Home
$335,000
10/19/23
5
4
4,432
1.50
Multi-Family Home
$265,000
08/01/23
8
4
4,694
2.53
Multi-Family Home
$210,000
10/27/23
4
4
960
2.49
Multi-Family Home
$210,000
10/27/23
-
-
3.15
Multi-Family Home
$214,000
03/27/24
-
-

What Locals Say about Lake Katrine

  • Jolie D.
    "This is a warm and friendly area to live. The crime rate is low and I feel safe. It’s also very close to shopping and medical offices."
    0
    Flag
  • Cdale15375
    "Everyone looks out for each other Nice neighborhood Great family neighborhood Peaceful Close to schools"
    1
    Flag
  • Sarah A.
    "this is a small suburban neighborhood located just off of the business section of Kingston. It is quaint and just a couple minutes drive from any business or store that one needs to get to."
    2
    Flag

LGBTQ Local Legal Protections

Eric Kitchen, Kitchen Realty Group
IDX information © 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1950-1958 Ulster Avenue, Lake Katrine, NY 12449 is a studio, 25 bathroom multi-family built in 1934. This property is currently available for sale and was listed by UCBR on Mar 17, 2024. The MLS # for this home is MLS# 20240636.