James Q. Collins

147-151 Grandview Avenue, Catskill, NY 12414

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Property Description

Exceptional 16-Unit Investment Opportunity in the Village of Catskill, NY! A rare opportunity to acquire a third generation owned diversified 16-unit income-producing property in the heart of the Village of Catskill. This property is 1.97 acres and consists of a permitted 8-unit mobile home park paired with a solid brick 8-unit apartment building rich with historical charm, providing multiple revenue streams and strong tenant appeal. With location being key, its Ideally located within walking distance to Catskill Commons with Walmart, Lowes, pharmacies, restaurants, and everyday essentials, this property benefits from consistent rental demand and excellent tenant convenience. The central village location supports low vacancy, Low turnover rate and long-term occupancy. Another key component to low turnover rate is how well kept the property is. Many upgrades have been done to the property regarding the utilities, common areas, new units, and newly renovated apartments. The brick apartment building features classic architectural character rarely found in todays market, offering durability, timeless appeal, and strong curb presence. The mobile home park provides stable, affordable housingâ??an increasingly in-demand asset class with attractive operating margins. On-site laundry services provide another convenient amenity for the tenants. Tenants also enjoy immediate access to everything the Catskill region has to offer, including Hudson River waterfront, boat launches, fishing, and scenic walking paths. Catskill Mountains hiking, skiing, and outdoor recreation. Nearby Hunter and Windham Mountains for four-season activities. Local breweries, restaurants, cafes, and arts scene. Short drive to Hudson, Saugerties, and Hudson. Easy access to Amtrak in Hudson and approximately 2-2.5 hours to NYC. This property presents a compelling opportunity for investors seeking strong cash flow, asset diversification, and long-term appreciation in one of Hudson Valleys most desirable and growing rental markets.

147-151 Grandview Avenue | MLS# 20256182

This commercial property located at 147-151 Grandview Avenue, Catskill, NY 12414 is currently listed for sale with an asking price of $2,500,000. 147-151 Grandview Avenue is located within the Catskill School District school district. Search Catskill real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Wall/Window Unit(s)
Fuel Type: Gas
Heating: Baseboard, Natural Gas
Lot Size: 1.97 Acres
Roof Type: Asphalt, Rubber, Slate
Taxes: $25,989
Year Built: 1940

Amenities

Lighting

Feature Descriptions

Appliances: Refrigerator, Electric Range, Electric Oven
Business Type: Mixed, Mobile/Trailer Park, Residential
Days on Site: 63
Exterior: Brick, Vinyl Siding
Flooring: Carpet, Ceramic Tile, Vinyl
Lot: Back Yard, Cleared, Front Yard, Open Lot
Parcel #: 172.05-7-15
Road Frontage: City Street
Road Surface: Paved
Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System
Sewer: Public Sewer
SQFT Total: 5980
Tenant Pays: Cable TV, Security
Utilities: Cable Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Catskill School District

Demographics

Listed By / Shown By

Listing By

Agency Name: Century 21 New West

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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