SHANDAKEN NY - ID: 20221675
On the Market
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  • Price: $1,395,000
  • Sq. Feet: 0
  • Garage: 3 Garage Detached
  • Acreage: 8.01
  • Year Built: 1930
  • School District: ONTEORA CENTRAL
    Catskill Mountain Realty
Property Type: Multi-Unit

Description: Originally the BIG INDIAN LODGE on Oliverea Road. This incredible stream-side property with mountain views and 8 gorgeous acres, 7 acres of which are stream side & 1 acre is across the street that abuts state land. There are a total of 6 units rented on the property. (3)-2bed/1bath; (3)-3bed/2bath & there is a 2+ car garage with 2 bathrooms. The first floor of the hotel at one time was a restaurant and the second floor has 5 rooms. Currently, there is one tenant upstairs occupying a 2bed/1bath unit. The rental income for the 6 units is $69, 000 per year. The tenants pay for all utilities in their units. Owner pays the electric for the garage. The owner mows & plows. All of the cabins were rebuilt and all with metal roofs. New septic's were installed in all of the units. New well pump and water lines were installed recently. There are endless possibilities for this unique and beautiful property of what it can be transformed into.

ZONE: R1.5

Listing courtesy of: Ruth Gale Realty / Listing Agent: Richard Greenspan
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