13 & 15 Underwood Street, Saugerties, NY 12477

$250,000
4
BD
2
BA

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List Price
$250,000
Days on Market
103
MLS#
987929
Status
ACTIVE
Bedrooms
4
Bathrooms
2
Lot Size
13504

Property Description

Located just minutes from the Village of Saugerties and tucked near the scenic Esopus Creek, this legal two family property at 13–15 Underwood Street presents a rare opportunity for investors looking to capitalize on a growing Hudson Valley market. This ~1,900 sq ft multi family built in 1933 sits on a .31 acre lot and features two units with a total of 4 bedrooms and 2 bathrooms, offering strong upside for rental income or resale after renovation. The property is in need of a full rehab, making it ideal for seasoned investors, flippers, or anyone looking to create long term value through improvements. With the right vision, this asset can be transformed into a high performing income property or a desirable owner occupied investment. Recent renovations are already underway in the immediate area, with a neighboring property currently being fully renovated highlighting the ongoing investment and revitalization happening in this pocket of Saugerties. Saugerties continues to gain traction as an up and coming Hudson Valley destination, known for its proximity to Kingston, Woodstock, and the NYS Thruway, along with its growing appeal for both full time residents and weekend buyers. Demand for renovated multi family properties in the area remains strong, especially those within close distance to the village, restaurants, and waterfront.

Additional Information

Year Built
1933
Style
Other
School District
Saugerties
Elementary School
Cahill
Middle School
Saugerties Junior High School
High School
Saugerties Senior High School
Taxes Total
7399
Heating
Baseboard, Other
Parking
Unpaved
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$7,399

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nicholas Breithaupt (Nbreithaupt@stevensre.com) from Listing Office: eXp Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.