62 W Bridge Street, Catskill, NY 12414

$590,000
6
BD
6
BA
3,064
SqFt

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List Price
$590,000
Status
ACTIVE UNDER CONTRACT
Days on Market
18
MLS#
20263885
Subtype
Residential Income
Style
Other
Year Built
1960
Bedrooms
6
Bathrooms
6
Living Area
3,064
Lot Size
6,969
Acres
0.16
MLS Area Major
Village of Catskill

Property Description

Exceptional 6 Unit Multifamily investment opportunity in the thriving Village of Catskill, New York. This turn-key building is ideally positioned along the rapidly evolving West Bridge Street corridor, just steps from Downtown Catskill and the scenic Hudson River waterfront. Located in one of the Hudson Valley's fastest-growing investment markets, this strong income-producing property offers an outstanding opportunity for investors seeking strong rental demand, long-term appreciation, and a prime location. The building features a desirable mix consisting of two studio apartments, two one-bedroom apartments, and two two-bedroom apartments, providing diversified rental income. Currently, Two ground floor units (1 bed & 2 bed) plus a garage are vacant for owners use. Tenants pay their own electric heat. Opportunity for 3rd Fl. to be developed. Each residence offers bright, sun-filled interiors, hardwood flooring, comfortable layouts, and timeless character. A spacious backyard provides additional outdoor space for tenants to enjoy. Enjoy a highly walkable location just minutes from Downtown Catskill's vibrant Main Street, where tenants can stroll to Subversive Brewing Company, locally owned coffee shops, award-winning restaurants, boutique shopping, art galleries, live entertainment, the Hudson River waterfront parks, marina, and year-round community events. Nearby cultural attractions include the renowned Thomas Cole National Historic Site, while outdoor enthusiasts will appreciate quick access to the Catskill Mountains, hiking trails, skiing, and countless recreational opportunities. Conveniently located near New York State Thruway (I-87), the Rip Van Winkle Bridge, Hudson, Saugerties, Athens, Albany, Kingston, and the Capital Region, this property offers exceptional accessibility for commuters and tenants alike. Whether you're looking to expand your real estate investment portfolio, complete a 1031 Exchange, acquire a turnkey multifamily property, or secure a cash-flowing income property in the Hudson Valley and Catskills, this offering combines a premier location, an excellent unit mix, and outstanding long-term investment potential in one of Greene County's most desirable rental markets.

Additional Information

Interior Features
Granite Counters
Exterior Features
Private Yard
Taxes
$12,616
Property Description
Other
Zoning
cc
Flooring
Hardwood, Tile
Appliances
Range, Refrigerator
Heating
Electric
Air Conditioning
None, Window Unit(s)
Stories
2
Levels
Two
Roof
Shingle
Foundation
Concrete Perimeter
Parking Features
On Street
Garage Spaces
2
School District
Catskill School District
View
Neighborhood

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Natasha Witka () from Listing Office: Century 21 New West.