1950-1958 Ulster Avenue,

Lake Katrine, NY

$495,000

25 Baths

0.91 Acres

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.

Facts & Features

MLS® # 20240636

Price $495,000

Bathrooms 25.00

Acres 0.91

Year Built 1934

Type Residential Income

Sub-Type Triplex

Status Active

MLS ucbr

Community Information

Address 1950-1958 Ulster Avenue

Area Ulster-Town Of

City Lake Katrine

County Ulster

State NY

Zip Code 12449

Amenities

Is Waterfront No

Interior

Heating Baseboard, Electric, Oil

Cooling Central Air

Has Basement No

Fireplace No

Exterior

Exterior Frame

Lot Description Other, See Remarks

Roof Asphalt, Shingle

Construction Frame

School Information

District Kingston Consolidated

Elementary Crosby K-4

Additional Information

Date Listed March 16th, 2024

Days on Market 42

Short Sale No

RE / Bank Owned No

Listing Details

Listing Courtesy of Kitchen Realty Group

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Listing information last updated on April 28th, 2024 at 12:05pm EDT.

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1950-1958 Ulster Avenue,

$495,000

Purchase & Financing Information