Here is your investment opportunity that doubles as your country getaway!

Don't be fooled by the rustic exterior of the this three unit building consisting of three one bedroom apartments. The main first floor apartment is ready for year round living, your weekend getaway and also has definite Air B'n'B potential. This apartment has two additional room s that can be used as an office or den. Units 2 and 3 are lovingly taken care of with long term tenants.

Apartment 3 has an additional room that can be used as a den, office or studio. Property is on 1.5 acres on a private road with few neighbors so it has a semi-secluded feel out in the woods. Electric and kerosene heat are separated for Units 2 and 3. Unit one has electric heat and a propane gas free standing stove. Electric, heat and garbage are the respnsibilities of the tenants. Owner pays taxes and insurance.

Request Information
on 42 Otis Dr
in Palenville, NY
Presented by KELLY, PHILIP at
Howard Hanna Rand Realty.


Property MLS #20212240 from UlsterCounty

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+ Bedrooms

Bedrooms: 3

+ Bathrooms

Total Bathrooms: 0
Full Bathrooms: 3

+ Interior Features

Kitchen Island
Flooring: Carpet, Varies
Window Features: Skylight(s)

+ Appliances

Washer
Refrigerator
Range
Microwave
Electric Water Heater
Dryer
Dishwasher

+ Heating and Cooling

Cooling Features: Ceiling Fan(s), Window Unit(s)
Fireplace Features: Free Standing, Living Room
Heating Features: Kerosene, Propane
Heating: Yes

+ Land Info

Landscaped
Private
Wooded
Lot Size Acres: 1.5
Lot Size Dimensions: 1.5 Acres
Lot Size Square Feet: 65340

+ Exterior and Lot Features

Patio And Porch Features: Patio
Road Surface Type: Dirt, Gravel
Porch Description: Patio

+ Garage and Parking

Garage Spaces: 1
Parking Features: Off Street

+ Multi-Unit Info

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit 2 Total Actual Rent: 600
Unit 3 Total Actual Rent: 650

+ School Information

School District: Catskill School District
+ Display Complete School Details

Catskill Elementary School is a public elementary school located approximately 7.5 miles away.
Map directions

Catskill Senior High School is a public high school located approximately 7.8 miles away.
Map directions

Catskill Middle School is a public middle school located approximately 7.8 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Rental Info

Tenant Pays: All Utilities, Electricity, Trash Collection

+ Other Property Info

Annual Tax Amount: 5177
Source Listing Status: Closed
County: Greene
Directions: From Saugerties Rt 32 North. Take left at 32A. Make a left & merge at light with 23A. Make right on Bogart Rd. Make left on Otis Drive. House is on left up the hill. Parking is across the street from #42.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: Residential Income
Insurance Expense: 2400
Area: Greene
Property Subtype: townhouse
MLS Area Minor: Greene
Source Neighborhood: Greene
Owner Pays: Insurance, Taxes
Zoning: 08
Property Subtype: Triplex
Source System Name: C2C
+ Reveal Property Sale History

Sold 2022-05-26
$350,000
UlsterCounty

+ Commercial Info

Net Operating Income: 7423
Operating Expense: 7577

+ Utilities

Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Well

+ Building and Construction

Year Built: 1952
Building Exterior Type: Frame, Wood Siding
Construction Materials: Frame, Wood Siding
Foundation Details: Slab
Property Age: 72
Roof: Asphalt, Shingle
Levels or Stories: 2

+ Home Features

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)