Tag: Catskills

4 Unit, AirBNB, Apartment House, Bed & Breakfast, Commercial, Greene County, High Cap Rate, Inn, Listing for Sale, Live/Work, Lodging, Making Upstate Home, Multi-Family, Real Estate, Real Estate, Rental Market, Studio, Three Family

Absolutely Turn-Key 4 Unit MultiFamily – Downtown Catskill – 11%+ Cap Rate

SOLD – $355,000

Located on a quiet street, only two blocks from the historic center, the creek, cinema, antique stores, coffee shops, nightlife and restaurants. The Lumberyard, the new dance and performance venue is short walk from home. Five minutes to Catskill point overlooking the Hudson River. Short drive to ski resorts, lakes, waterfalls and more.

The property features 3 renovated apartments and a stunning bonus on the top floor: a large open studio, overlooking the gorgeous Catskill Mountain sunsets.

Brand new roof and gutters, new furnace, with new kitchens and bathrooms. You literally do not have to do a thing.
Beautiful backyard perennial garden with fruit trees.

Upgrades

• New Roof (2018)
• New Gutters (2018)
• New Furnace (2017)
• New stairs (2017)
• 5 bedrooms (2 in the main apartment)
• 4 kitchens
• 4 full bathrooms
• Attached garage
• Double Pane storm windows
• Finished large basement with washer dryer + extra freezer and fridge
• Nice size backyard with bbq cabana and large tool shed
• Solar panels (which power forced hot air heat – lower heating bill!)
• Steam Shower, radio-mp3, multi-jets, rain shower, jacuzzi…
• New hardwood and tile floors.
• Gas fireplace

In the black from day one.

Long rental occupancy history. Rent all four units or live in the main apartment and rent the units above. Even if you occupy the main unit, the property will pay for utilities, insurance, taxes AND put money in your pocket every month.

The property owners are only selling because they are moving abroad to Mexico and don’t want to manage a property long distance. You must see the property to understand it’s beauty and value. Make an appointment now.

Bed & Breakfast, Cairo NY, Commercial, Greene County, Historic Preservation, History, Inn, Listing for Sale, Live/Work, Lodging, Real Estate, Real Estate, Residential, Ski Resort, Upstate NY, Victorian

Sold – $625,000 – Inn at Hillcrest Manor – Cairo NY

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Turn-Key Bed & Breakfast. Inn at Hill Crest Manor, an historic resort in the foothills of the Catskills high peaks, includes two houses, a two-car garage with workshop, and outbuildings set among twelve acres with woods, meadows, streams and a pond.

The Inn at Hill Crest Manor is a restored Victorian grand manor house with 6 bedrooms and 6 full/2 half baths. In addition to the large chef’s kitchen, formal dining room, and elegant library/living room with gas fireplace, a grand parlor, billiard room, and spacious four-season porch with pellet stove round out the ground floor. A large sunny private office is also located on the second floor, and topping it all off is the third floor Tower Room,” with 360-degree panoramic views of the stunning countryside. Outside, the manor is ringed by covered porches and a large deck with 8 person hot tub and hot/cold outdoor shower. The Henry House, also on site and included in the sale, is a 4 bedroom, 4 bath fully restored Victorian farmhouse. 

3 Parcels with five structures. Fully restored Manor House, The Inn at Hillcrest Manor and Henry House a fully restored two-unit farm house, along with a detached 2 car garage with workshop and a vacant buildable lot with dug well and electricity. In addition there are two other unrestored structures which could be for future expansion, a huge bunk house/barracks and a two room 50s/60’s style motel/pool house on the pond. Property is zoned for commercial or residential use, and the current owners have operated both houses as vacation/event/ski rentals.  This one-of-a-kind historic compound is a must-see with endless possibilities!

See the full listing HERE