Saugerties, NY 12477,30 Lamb AVE
Saugerties, NY 12477,30 Lamb AVE
Saugerties, NY 12477,30 Lamb AVE
Saugerties, NY 12477,30 Lamb AVE
Saugerties, NY 12477,30 Lamb AVE
Saugerties, NY 12477,30 Lamb AVE
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$ 4,200,000
Est. payment | /mo

1.4 Acres Lot


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$ 4,200,000
Est. payment | /mo
Save

1.4 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 924797

Rental Info No

Year Built 1959

Annual Tax Amount $46,425

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Multi Family

Source onekey2

Property Description

Excellent investment opportunity in one of Ulster County's most desirable rental markets. This well-maintained Fair Market 22-unit multifamily property sits on a quiet residential street just minutes from the heart of the Village of Saugerties. The building features a mix of studio, one-bedroom, and two-bedroom apartments, with two three-bedroom duplex units providing strong occupancy and consistent rental income. The building also offers covered parking for most of the tenants and two garages. Each unit offers well-maintained common area entrances, separate utilities, and off-street parking, appealing to both long-term tenants and newcomers drawn to Saugerties' growing community. The property benefits from public water and sewer, low village vacancy rates, and proximity to shopping, dining, and major commuter routes, including I-87 Exit 20. With stable cash flow and opportunity for future rent growth, 30 Lamb Avenue presents a rare chance to acquire a high-yield multifamily asset in a thriving Hudson Valley market. Major improvements include 22 new wall-mounted boilers (providing heat and hot water), updated kitchens and bathrooms throughout most units, hardwood flooring, tiled kitchens and bathrooms in most units, along with balconies off of the dining areas. There is a shopping plaza within a short walking distance of the property, and County bus transportation is available on the corner.

Location

State NY

County Ulster County

Rooms

Basement Partially Finished

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Carport

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Riccardi Elementary School

Middle Schools Saugerties Junior High School

High Schools Saugerties

School District Saugerties

Others

Special Listing Condition None

Listed by Berardi Realty • Gregory C. Berardi

GET MORE INFORMATION

Peter Sisca
Peter Sisca

Agent | License ID: 10401364161, 2298786

+1(347) 454-5959

477 Madison Ave, New York, NY, 10022, USA

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30 Lamb AVE