55 Partition Street, Saugerties, NY 12477

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Property Description

Opportunity awaits with this solid brick two-family property ideally located at 55 Partition Street in the center of the vibrant Village of Saugerties. Whether youre an investor looking to add value, an owner-occupant seeking rental income, or a contractor searching for your next project, this fully vacant property offers the flexibility to renovate and lease on your own timeline.Each apartment features 2 bedrooms and 1 full bath, providing a practical and highly desirable layout. Both units have recently been vacated, making it easy to complete improvements without the challenges of existing tenants.The second-floor apartment has renovation work already underway, offering a head start for the next owner to complete the project. The first-floor apartment is ready for updating and cosmetic refreshing, presenting an excellent opportunity to increase rental value and build equity.The property is separately metered for electricity, with individual electric meters for each apartment plus a dedicated landlord meter for common areas. A single oil-fired boiler services both units, with previous tenants sharing the heating bill. Natural gas is on the street if you have a heating conversion in mind.While there is currently no off-street parking, the property includes a modest rear yard that may offer the potential to create parking, subject to municipal approvals and buyer verification.Located just steps from Saugerties popular restaurants, boutiques, galleries, parks, and community events, this property enjoys the convenience and appeal of one of the Hudson Valleys most desirable village settings. With strong rental demand and endless potential for modernization, 55 Partition Street is a rare chance to transform a well-located income property into a rewarding investment.Bring your vision and unlock the possibilities this Village of Saugerties duplex has to offer.

55 Partition Street | MLS# 20264270

This multi-family property located at 55 Partition Street, Saugerties, NY 12477 is currently listed for sale with an asking price of $449,900. Partition Street is located within the Saugerties Central Schools school district. Search Saugerties real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Ceiling Fan(s)
Fuel Type: Oil
Heating: Hot Water, Oil, Steam
Home Style: Other
Lot Size: 0.08 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $8,016
Year Built: 1890

Feature Descriptions

Appliances: Refrigerator, Electric Range
Exterior: Brick
Flooring: Carpet, Laminate, Vinyl
Lot: Back Yard, City Lot, Level
Parcel #: 18.247-2-15
Road Frontage: City Street
Road Surface: Paved
Sewer: Public Sewer
SQFT Total: 2088
Tenant Pays: Electricity, Oil
Units: 2
Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Saugerties Central Schools

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Estimated Payment

$ 1,800.50 per month $1,001.28 Principal & Interest $668.00 Property Tax $131.22 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Rand Commercial

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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