Saugerties-vlg NY - ID: 20204669
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  • Price: $239,000
  • Bedrooms: 3
  • Bathrooms: 2 (full)
  • Sq. Feet: 1,360
  • Garage: None
  • Acreage: 0.27
  • Year Built: 1890
  • School District: SAUGERTIESCENTR
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: 2 Family

Description: Two 3 Bedroom Apartments located in the Village of Saugerties - 2 100 Amp Electric Services - 2 Hot Water Heaters - Both Apartments are identical - Living Room, Dining Room, and Eat in Kitchen Downstairs and there is a washer hook up in both sides - 3 Bedrooms, in one of the bedrooms in each apartment, there is another large space attached, either a big walk in closet or the tenant in apartment # 1 uses it as a 4th bedroom and the Full Bath Upstairs - Walking to Everything in the Village of Saugerties - Saugerties Beach - Tina Chorvas Park - Cantine Memorial Field for All of Your Sporting Needs - Kiwanis Ice Arena - Saugerties Stallions - Tennis Courts - Play Grounds - Soccer Fields - Shopping - Dining - Night Life - Saugerties High School - Cahill Elementary - 4th of July Parade - Sawyer Motors Car Show - Garlic Festival - Mum Bowl Festival and Numerous other Activities - Apartment # 1 is currently paying $950.00 monthly and has a one year lease starting June 1st, 2020 - They have Nature Gas Heat for the Downstairs and Electric Heat in the Upstairs Bedrooms and Bathroom - Apartment # 2 is currently paying $800.00 monthly - currently on a month to month lease however has been at the location for 15 years - This apartment has Nature Gas Heat with Radiators throughout the apartment - There is a Washer Hook up in Both Apartments - There is an entrance to the Basement from within both Apartments however you MUST use the Outside Entrance to get into the Basement - The Owner only pays the Water/Sewer, Taxes and Insurance - The Tenants pays everything else. Apartment # 1 pays $950.00 Monthly - Apartment # 2 pays $800.00 Monthly = $21, 000.00 Yearly - Expenses - $1, 413.63 General Taxes, $3, 208.51 School Taxes, $947.42 Village Taxes, $1, 643.00 Insurance and Approximately $500.00 yearly for water/sewer (this is billed quarterly and normally runs around $110.00 Quarterly) = $7, 712.56 / Yearly Net Profit $13, 287.44.
All 3 COVID19 Forms MUST BE FILLED OUT and either Proof of Funds or a Pre Qualification Letter MUST be emailed to johntinawinters@aol.com prior to showing - 24 Hour Notice is a MUST "Tenants" - Apartment #1 has young children and Apartment # 2 has a Senior so we MUST be very cautions for their Health Safety - MASKS and GLOVES are REQUIRED - Please Either take your shoes off or wear Booties - Call John Winters (845) 802 - 3486 or use Showtime for Appointments


FEATURES:
NUMBER OF UNITS: 2
UNIT 1 -RENT: 950
ZONE: Multi Family
LOT DIMENSIONS: 0.27
UNIT 1 -LEASE: Yes
UNIT 2 -LEASE: No
UNIT 2 -RENT: 800
APPLIANCES: Refrigerator, Range
ELECTRICITY: 100 Amps
WATER: Municipal
KITCHEN DESCRIPTION: Eat-In
SURVEY: Yes
ELEMENTARY SCHOOL: Cahill K-6

Listing courtesy of: Charles Winters Real Estate / Listing Agent: John Winters
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