CATSKILLS INVESTMENT CHARMER! Legal Two Family Vintage Farmhouse in Resort Area on Scenic Byway 2 Hours from NYC!

$259,000
5
2
2,243
sq. ft.
$115
per sq ft
Heated sq ft: 2,243 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Other
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Mountain, Nature, Resort, Ski
New Construction: Inquire
Days on Vrolio: 541

Property Description

CATSKILLS INVESTMENT OPPORTUNITY BARGAIN with sweet location and mountain views! Rare chance to own a legal multi-family home with two huge apartments, and become a STR owner/operator right in the heart of the Catskill Park, or do a "keep one, rent one" and enjoy the good life yourself! This beautiful, sweet-natured 1880s farmhouse is is nicely situated on a hill and away from neighbors, and with wonderful bones and character. Upstairs is a 3-BR apartment and there is a 2-BR one with a screened-in porch on the ground level. Each is generously sized with nice floor plans, warm, homey, and full of character, and they have separate entrances and utilities. The units may remind you of gracious Upper West Side apartment, but their wildly spacious sizes and the views out the windows remind you that your are well removed from city life! The current owner has rented them long term, but the units would also lend themselves spectacularly to short term rentals. The property feels nicely private with a nice lawn, fire pit, views, a funky old barn, fire pit, old stone walls, and plenty of room for a garden. A wonderful ski house option too with its convenient location, and Route 28 is reliably plowed quickly to get you off to the slopes at Belleayre, only about ten minutes away, with Hunter Mountain nor much further too, and house is just 2 hours to the GWB. Fun and hip Phoenicia is full of restaurants, shopping, tubing and more. The immediate area sees well-managed short term rentals and vacation properties reporting good numbers. Listing agent is knowledgeable about the local STR market and can also provide cleaner/care-taking contacts. Come take a look, this is a marvelous opportunity!

Presented by:
Agent:
Amy Rosen
Ruth Gale Realty
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Seller is liquidating to create capital for a new venture
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Living Room
Appliances
Dishwasher, Oven, Refrigerator
Heating/Cooling
Other
Floor Coverings
Real Hardwood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
1882
Outdoor Features
Fire Pit, Porch - Screened
View
Mountain
Backyard Exposure
Southwest
Lot Size
.81
Community Features
Tax Amount/Year
$3,699
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
4+ spots
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$0.02
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been used as a long-term rental
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$3,699.00
Homeowner's Insurance (Annual)
$1,200.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Ruth Gale Realty, 2129603983

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