James Q. Collins

181 Glenerie Boulevard, Lake Katrine, NY 12449

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Property Description

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.

181 Glenerie Boulevard | MLS# 20255060

This multi-family property located at 181 Glenerie Boulevard, Lake Katrine, NY 12449 is currently listed for sale with an asking price of $995,000. Glenerie Boulevard is located within the Saugerties Central Schools school district. Search Lake Katrine real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Fuel Type: Propane
Heating: Hot Water, Propane
Lot Size: 0.55 Acres
Roof Type: Asphalt, Metal
Taxes: $9,967
Year Built: 1970

Feature Descriptions

Appliances: Refrigerator, Range
Days on Site: 141
Flooring: Carpet, Luxury Vinyl, Vinyl, Wood
Lot: Level
Lot Dimensions: irregular
Parcel #: 39.7-8-15
Road Frontage: County Road
Road Surface: Paved
Sewer: Septic Tank
SQFT Total: 4544
Tenant Pays: All Utilities, Electricity, See Remarks
Units: 7
Utilities: Cable Available, Electricity Connected, Sewer Not Available, Water Connected, Propane
Water: Public

Local Schools

School District: Saugerties Central Schools

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Estimated Payment

$ 3,335.23 per month $2,214.44 Principal & Interest $830.58 Property Tax $290.21 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Berardi Realty

Shown By

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

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