5-Unit Value-Add Multifamily
51-53 North Street Catskill, NY 12414
New
51-53 North Street, Catskill, NY, 12414
$499,000
For Sale
$499,000
Five-unit multifamily property with a mix of two one-bedrooms and three two-bedrooms, including two currently vacant units.
Days on Market5
Property Features for 51-53 North Street
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency
Century 21 New West
(518) 943-2620
Listed by
Natasha Witka
Source
Gristmillrealestate
Added: Jul 13 Checked: Jul 17 at 2:17 am
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 5-unit multifamily apartment building offers a unit mix of two one-bedroom apartments and three two-bedroom apartments. Two units are currently vacant, creating flexibility for an owner-occupant or an investor looking to make updates without waiting for turnover.
The building is described as requiring needed TLC, including electrical updates and heating system work. The property is located in the Village of Catskill, about one block from Main Street Catskill, with walkable access to local businesses and community destinations.
As offered, 51-53 North Street presents an opportunity to acquire a small income-producing asset in a highly walkable village setting, with immediate upside tied to bringing the property up to its next operating standard.
The building is described as requiring needed TLC, including electrical updates and heating system work. The property is located in the Village of Catskill, about one block from Main Street Catskill, with walkable access to local businesses and community destinations.
As offered, 51-53 North Street presents an opportunity to acquire a small income-producing asset in a highly walkable village setting, with immediate upside tied to bringing the property up to its next operating standard.
Key Highlights
- Five‑unit multifamily building built in 1910 with 2 one‑bedroom units and 3 two‑bedroom units
- Two units are currently vacant, offering options to owner‑occupy and/or renovate without waiting for turnover
- Pricing includes needed TLC with electrical updates and a heating system in need of updates
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FAQs
What type of property is this?
Apartment building - Five-unit multifamily property with a mix of two one-bedrooms and three two-bedrooms, including two currently vacant units.
Where is this apartment building located?
The property is located at 51-53 North Street 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: Five‑unit multifamily building built in 1910 with 2 one‑bedroom units and 3 two‑bedroom units; Two units are currently vacant, offering options to owner‑occupy and/or renovate without waiting for turnover; Pricing includes needed TLC with electrical updates and a heating system in need of updates
