2096 Ulster Avenue, Lake Katrine, NY 12449 | MLS #20263172 | HUNT Real Estate
 
  • 19 days on site
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Opportunity Knocks! This fully renovated triplex offers a rare combination of quality craftsmanship, energy efficiency, and strong income potential. Major upgrades include brand-new central heating and air conditioning systems, hot water heaters, updated electrical and plumbing, a new roof, and newly paved driveway and parking areas. The property has also been extensively enhanced with 6-inch spray foam insulation throughout the building and attached garage, improving energy efficiency while creating the potential for additional rental income through valuable storage space. A newly installed sprinkler system provides an added layer of safety and peace of mind. Each unit features a private entrance, offering convenience and privacy for tenants. The first-floor unit provides generous living space and a spacious bedroom. The second-floor unit includes one bedroom plus a dedicated office, ideal for remote work or additional living flexibility. Unit 3 is the standout feature of the property. Upon entry, you'll find a full apartment, complemented by a stunning staircase leading to a third-floor loft area. This unique space includes a second full bathroom, wet bar, large gathering room, and a separate office, creating an exceptional living environment. Ideally located between Kingston and Saugerties, with convenient access to the New York State Thruway, this property enjoys a highly desirable setting. Outdoor enthusiasts will appreciate its proximity to Windham Mountain Club, Hunter Mountain, and Mohonk Mountain, as well as the renowned HITS Hudson Valley Horse Show Series. Exceptional craftsmanship and quality finishes throughout provide years of low-maintenance ownership. With an attractive cap rate and extensive renovations already completed, this turnkey investment property is ready to generate income from day one!

Source: Hudson Valley Catskill Regional MLS, MLS#: 20263172

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  • Property Type
    Residential Income
  • Lot
    1.79 acres

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  • Median Age
    53
  • Population Density
    844
  • College Educated
    35%
  • Estimated Median Income
    $49,286
  • Estimated Total Home Owners
    705
  • Estimated Total Renters
    523
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    3,208
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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