Mary Collins Real Estate, Inc.
 
ULSTER-Town of NY - ID: 20164899 - ULSTER-Town of On the Market
17 Leggs Mills Road, Lake Katrine, NY 12449 ID: 20164899
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Price: $324,900

Sq. Feet: 2,725

Acreage: 0.41

Year Built: 1800

School District: KINGSTONCONSOLD



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Mixed Use

Description: Many possibilities for this Town of Ulster 3-Family, with 9% CAP Rate, located in the Lake Katrine area, just off the expanding Route 9W corridor, between Kingston and Saugerties. Zoning is OM (Office Manufacturing) which offers many commercial possibilities with site plan approval and/or special use permit. (School, gallery, health club, automotive repair or sales, day care, adult or child.) Currently set up as two apartments in the main section of the house, a 1-bedroom on the first floor and a 2-bedroom, with walk-up attic for storage on the second floor, and owner occupied 2-bedroom, split level apartment in the back section of the house. Live and work here, keep one apartment and convert the others to your office or business space. Bonus of a heated, 2-car, attached garage with workbench, ample parking, patio and good-sized back yard for tenants or owner occupant or for additional parking. Features include some replacement windows, foam insulation in walk-up attic and floor joist rim in basement, 10' x 16' Brad's Barn shed and another smaller shed.
9% CAP Rate at current asking price with projected rent for owner occupied unit. See Associated Documents for town zoning information.




FEATURES:
NUMBER OF UNITS: 3
WATER: 286
ZONE: Om
LOT DIMENSIONS: 134 X134
CONDITION: Very Good
ELECTRICITY: 100 Amps
LOT FEATURES: Level
LOT/SITE: Suburb, Other/See Remarks


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Listing courtesy of: Murphy Realty Group / Listing Agent: Vincenza Seche
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