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This exceptional investment opportunity presents a six-unit townhouse portfolio nestled in the picturesque town of Prattsville, New York. The property boasts a total of 6,280 square feet across six townhouses, situated on a generous 1.92-acre lot. Built in 2016, this two-story complex features a mix of unit sizes: corner units offer 1,200 square feet, while the middle units provide 970 square feet each. Each townhouse includes two bedrooms and one and a half bathrooms, with separate utilities for individual unit control. The property's design incorporates thoughtful amenities such as a paved driveway and parking lot, a fenced trash area, private back decks, and ample yard space for tenants. The townhouses have been legally approved as individual units, allowing for potential future separate sales through an existing HOA. This property's prime location offers convenient access to nearby attractions, including Windham and Hunter Ski Mountains (15 and 20 minutes away, respectively), the Schoharie Reservoir (5 minutes), and the Village of Prattsville (2 minutes). The sale includes seven parcels (tax map numbers 74-1-39, 40, 41, 42, 43, 44, & 45) and an additional adjacent 6.68-acre parcel (tax map # 113-1-26) featuring Johnson Hollow Brook. The property is zoned for 312 & 210 classifications, offering flexibility for future development or continued rental operation. The asking price for this turnkey investment is $1,450,000. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location.
Highlights
$1,450,000 asking price for a six-unit multifamily property.
Six townhouses totaling 6,280 square feet on a 1.92-acre lot.
Built in 2016, the property features two-story buildings with 12 bedrooms and 9 bathrooms.
Located at 15023 Route 23, Prattsville, NY 12468, with convenient access to local amenities and ski resorts.
Property includes seven parcels (APN 74-1-39, 40, 41, 42, 43, 44, & 45) and an adjacent 6.68-acre parcel (APN 113-1-26).
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