NY > Lake Katrine
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
Lake Katrine, NY 12449,16 Fording Place RD
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$875,000
Est. payment /mo
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7 Beds
4 Baths
0.48 Acres Lot
Active

16 Fording Place RD Lake Katrine, NY 12449

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY824674

Style Other

Bedrooms 7

Full Baths 4

Rental Info No

Year Built 1989

Annual Tax Amount $8,851

Lot Size 0.475 Acres

Acres 0.4752

Property Sub-Type Quadruplex

Source onekey2

Property Description

Discover an exceptional investment opportunity with this recently renovated and well maintained 4-unit building, perfectly positioned to generate steady rental income with a CAP rate at 8. Nestled on a lovely 0.60-acre lot, this custom 4 unit home sits atop a full, poured concrete foundation allowing for the possibility of additional rental income from the storage space below.
This property features three spacious 2-bedroom units and one 1-bedroom unit, thoughtfully designed for accessibility. Each 830 sq. ft. apartment boasts its own high-efficiency boiler, hot water heater, washer/dryer, and air conditioner—ensuring comfort and independence for every tenant.
Step outside to a serene backyard oasis—the lower-level units enjoy a covered porch, while the upper units feature private balconies with mountain views. The full basement includes two garage bays and four private storage rooms, while the paved driveway offers ample off-street parking for each tenant. This Lake Katrine gem is conveniently located within 15 minutes of Saugerties, Woodstock, and Rhinebeck and only 5 minutes from all the amenities of the town of Ulster. With a strong rental history and room for growth, this property presents an incredible turnkey investment in a highly desirable area.

Location

State NY

County Ulster County

Rooms

Basement Finished, Full, See Remarks, Walk-Out Access

Interior

Interior Features Other

Heating Baseboard, Other

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Laminate, Vinyl

Fireplace No

Laundry In Unit

Exterior

Garage Spaces 2.0

Utilities Available See Remarks

Total Parking Spaces 8

Garage true

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools E R Crosby Elementary School

Middle Schools M Clifford Miller Middle School

High Schools Kingston High School

School District Kingston

Others

Senior Community No

Special Listing Condition None

Listed by Howard Hanna Rand Realty

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agent

Jose Agudo

Agent

+1(917) 674-8131

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16 Fording Place RD

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