Search
Three-Unit Residential Income Property
New
For Sale
$499,000

23 Franklin St, Catskill, NY 12414

Well-maintained three-unit building with two 3-bedroom units and one 2-bedroom unit, plus finished attic storage.

Days on Market6

Property Features for 23 Franklin St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: CENTURY 21 NEW WEST
Listed By: Brian Kozloski
Source: Elliman
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 31 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 NEW WEST

Investment Insights

Based on property information with market context.

This well-maintained three-unit residential income property includes two spacious 3-bedroom apartments and one 2-bedroom apartment. The building also features finished attic space that can function as valuable additional storage for an owner or landlord. Tenants have access to peaceful covered porches.

The property is located in the Village of Catskill, just moments from Village Main Street and within walking distance of local destinations including the Catskill Public Library, Dutchman’s Landing, and The Point, as well as nearby restaurants, breweries, and boutiques.

Operating details include tenant responsibility for electric, while the landlord covers heat and hot water. The building is described as having very little deferred maintenance.

Key Highlights

  • 3‑unit investment property built in 1920 with two 3‑bedroom apartments and one 2‑bedroom apartment
  • Finished attic space adds storage for the owner or landlord
  • Tenant electric is paid by tenants; landlord covers heat and hot water

Property Analytics

Current Use

Teaching Spirit Retreat ... Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 12414, NY

10,163
Population
5,342
Households
1.9
Avg Household Size
47
Median Age
30%
College-Educated
88%
High-School Grad
62.2 sq mi
ZIP Area
163
Density / Sq Mi
$66,022
Median Household Income
$38,024
Median Earnings
$1,040
Median Rent
$241,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit building with two 3-bedroom units and one 2-bedroom unit, plus finished attic storage.
Where is this triplex located?
The property is located at 23 Franklin St Catskill, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3‑unit investment property built in 1920 with two 3‑bedroom apartments and one 2‑bedroom apartment; Finished attic space adds storage for the owner or landlord; Tenant electric is paid by tenants; landlord covers heat and hot water
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message