1950-1958 Ulster Avenue Lake Katrine, NY $ 495,000
1950-1958 Ulster Avenue
$ 495,000
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1950-1958 Ulster Avenue

Lake Katrine, NY, 12449
$ 495,000
Baths25.0
1950-1958 Ulster Avenue, Lake Katrine, NY 12449 - Image 1
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1950-1958 Ulster Avenue, Lake Katrine, NY 12449 - Image 8
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1950-1958 Ulster Avenue, Lake Katrine, NY 12449 - Image 15
Studio

Property for Rent in Lake Katrine, NY

for $495,000 with 25 full baths. This property was built in 1934 on a lot size of 0.91.

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.

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Rental Active

Price

$ 495,000

Bedrooms

Studio

Full Bath

25

Taxes

$ 6,518

Style

Triplex

Lot Size

0.91

Year Built

1934

Town/City

Lake Katrine

County/Region

Ulster

MLS | Web ID

20240636

Features
General
Sewer Public Sewer
Heating Baseboard Electric Oil
Cooling Central Air
Roof Asphalt Shingle
Garage Spaces 0.0
Construction Materials Frame
Year Built 1934
Electric 200+ Amp Service
Tenant Pays All Utilities Electricity Oil
Stories 2
Property SubType Triplex
County Ulster
Net Operating Income 25029.0
Insurance Expense 1353.0
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures Second Residence Other See Remarks
Status Active
City Lake Katrine
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
High School District Kingston Consolidated
Zoning Description Commercial
Total Units 0
MLS Area Ulster-Town Of
Lot Size Square Feet 39639.6
Waterfront Y/N N
Carport Y/N N
Street Name Ulster
Elementary School Crosby K-4
Tax Annual Amount 6518.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ulster-Town Of
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 424200
Tax Lot 1
Taxes 6518.0
Cap Rate 0.0
Buyer Agent Compensation Type %
Legal Description 1 25 1950-1958 Ulster Ave
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Interior
Flooring Hardwood Linoleum
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Total Baths 25
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Exterior
Lot Features Other See Remarks
Water Source Public
Lot Size Area 0.91
Spa N
Lot Dimensions 220x190
Lot Size Acres 0.91
Road Surface Type Asphalt
Lot Size Units Acres
Open Parking Y/N N
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Internal Only
Street Number 1 19501958
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* Excluded Features
List By
Eric Kitchen

Listing Agent

Kitchen Realty Group

Broker

kitchenej@msn.com

Email

Nearby
2616061 Elementary School
2616204 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2024$495,000 Listed Price

Map


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1950-1958 Ulster Avenue, Lake Katrine, NY, 12449 is a Property for Rent at $495,000 with a lot size of 0.91. 1950-1958 Ulster Avenue is a studio with 25.0 baths and was built in 1934. The property's zip code is 12449 which is in Lake Katrine, NY