266 Malden Turnpike,Saugerties, NY 12477
Saugerties, NY 12477
Description
Set just off Malden Turnpike, this versatile 6-bedroom, 5.5-bath multi-family ranch sits on 17 acres (15 acres are from adjacent lot) with beautiful mountain views and offers a rare combination of strong existing rental income and exceptional development or expansion potential. The property includes four well-proportioned units, each with its own meter and designated parking: Studio with full bath - long-term tenant in place2BR / 1.5BA unit - tenant in place2BR / 2BA duplex - tenant in place1BR / 1BA landlord suite - includes a generous living room (usable as a second bedroom or lounge) with a concrete patio walkout, plus a nicely sized kitchen/dining area. With minimal renovations & cosmetic updates, the suite could serve as a very comfortable owner's residence while the remaining units offset carrying costs.Land & Development Potential The combined 17-acre setting provides exceptional flexibility. Build beside the existing home on cleared land as an extension of the current home or explore a more private location across the acreage to maximize the direct Catskill Mountain views. A full survey is included to support future development or expansion. Notable improvements and features include: Recent connection of all units to city water20-year leach fieldRecent (favorable) roof inspectionPreliminary evaluation of additional acreage for organic farming (details can be provided to contracted buyer, if desired)The outdoor environment immediately behind the residence also offers abundant open space ideal for gardening, relaxing, or barbecuing from the owners' suite patio. A beautiful stream runs behind the property, with a bridge providing access to the remaining acreage. Whether seeking a primary residence with substantial residual income, a weekend retreat, or a strong investment opportunity in a desirable area, this property offers impressive potential. Mountain views County & Private Road access Convenient to Woodstock, Saugerties & the Catskills.
Details
| MLS # | 957429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 238 |
| Listing Provided By | Redfin Real Estate | Donna Gray |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,200 |
| Basement | Y |
| Units | 4 |
| Acreage | 17.00 |
| Water Front | Yes |
| Property View | Mountain(s) |
Interior
| Cooling | Multi Units, Wall/Window Unit(s) |
|---|---|
| Heating | Electric, Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, High Speed Internet, In-Law Floorplan |
| Window Features | Casement, Drapes |
Exterior
| Construction Materials | Aluminum Siding |
|---|---|
| Fencing | None |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Cesspool |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 536500 |
| Tax Annual Amount | 11151.53 |
Area Information
| State | NY |
|---|---|
| County | Ulster County |
| City | Saugerties |
| Zip Code | 12477 |
| School District | Saugerties Senior High School |
| Elementary School | Cahill |
| High School | Saugerties Senior High School |
| Listing VS Median (in 12477) | |
Price: $695,000 low | high Med: $567,000 sqft: 3,200 low | high Med: 1,959 $ / sqft: $217 low | high Med: $290 On site: 238 low | high Med: 54 | |
Market Activity 12477
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Learn More About This Property
| State | NY |
|---|---|
| County | Ulster County |
| City | Saugerties |
| Zip Code | 12477 |
| School District | Saugerties Senior High School |
| Elementary School | Cahill |
| High School | Saugerties Senior High School |
| Listing VS Median (in 12477) | |
Price: $695,000 low | high Med: $567,000 sqft: 3,200 low | high Med: 1,959 $ / sqft: $217 low | high Med: $290 On site: 238 low | high Med: 54 | |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
