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About This Home

This 6-bedroom, 6-bathroom residential multi family at 266 Malden Turnpike in Saugerties, NY is listed for $729,000. Built in 1949, on a 17.00 acres lot.

Agent 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 place 2BR / 1.5BA unit - tenant in place 2BR / 2BA duplex - tenant in place 1BR / 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 water 20-year leach field Recent (favorable) roof inspection Preliminary evaluation of additional acreage for organic farming (details can be provided to contracted buyer, if desired) The outdoor en

vironment 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.

Key Features

  • Built in 1949
  • 17.00 acre lot
  • Waterfront

Property Details

6 full
1949

Amenities

WaterfrontHardwoodA/C

Monthly Cost Estimate

$3,899/mo

20% down · 6.5% · 30 years

Principal$527
Interest$3,159
Insurance$213

Estimates only. Actual payments may vary.

Location

266 Malden Turnpike

Saugerties, NY 12477

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathHigh Speed InternetIn-Law Floorplan

Property Details

Flooring

LaminateTileHardwoodCarpet

Construction

Aluminum Siding

Pool Features

Patio

Parking

Parking Lot

Heating

Natural GasElectric (Heating)

Cooling

Window Unit(s)Multi UnitsWall/Window Unit(s)

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 266 Malden Turnpike is listed at $729,000. The estimated monthly payment is $3,159 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 17.00 acre lot, Waterfront. Interior Features: First Floor Bedroom, First Floor Full Bath, High Speed Internet.

This property is listed by Donna Gray and can be reached at 8455597396 or donna.gray@redfin.com.

DG

Donna Gray

Agent at Redfin Real Estate

(845) 559-7396

Listed by Redfin Real Estate · View on Broker Site

MLS# 957429· Source: listhub· Updated 91 days ago

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266 Malden Turnpike, Saugerties, NY 12477

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