5207 Route 32
5207 Route 32 Catskill, New York 12414 United States

$3,499,900
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Rip Van Winkle Mountain Realty, Inc.

Listing Courtesy of Rip Van Winkle Mountain Realty, Inc.

About 5207 Route 32

A Great Investment Property with a Bar, Restaurant, & Motel with up to 37 Rental Units on 11.6 Acres! There are 37 total units: 1 bar & restaurant, 31 residential rental units, 1 RV site, 3 garages, & 1 storage shed. The annual rent roll is $366,840 which does not include the commercial bar/restaurant, 2 garages, & 1 shed. There's additional income that comes from the vending machines & the coin-operated laundry. The bar/restaurant is 4,500 sq ft with a 2,500 sq ft apartment on the 2nd floor. The bar is 22 x 26 ft, the dining room is 24 x 45 ft, the commercial kitchen is 24 x 24 ft, along with 3 other dining & game rooms. The bar/restaurant is currently not operating under the pandemic. There are a total of 59 bedrooms, 34.5 baths, an outdoor pool, multiple parking areas, & an outdoor barbecue pavilion. There are 3 driveway entrances, 12 septic tanks, 6 wells, & purchased solar panels. There are lawns, yards, & space on the property to expand or subdivide. It's an Amazing Property!

Listing Courtesy of Rip Van Winkle Mountain Realty, Inc.

PROPERTY INFORMATION

Basement
Crawl, Partial, Slab
Heating
Base Board, Electric, Hot Air, Hot Water, Propane, Space Heater
Parking Description
Multiple Parking Areas
Sewer
Septic Tank
Water
Well

EXTERIOR

Construction
Brick, Frame
Roofing
Asphalt, Metal, Shingle

ADDITIONAL INFORMATION

Assessment
560500
$3,499,900
Change Currency
40
Bedrooms
32
Full Baths
3
Partial Baths
32,000 Sq Ft.
Interior
11.6 Acres
Exterior
Multi-Family Homes
Property type
1980
Year Built
136162
Web Id
136162
MLS ID
Catskill
Subdivision
Catskill Central
School District
Listing Courtesy of Rip Van Winkle Mountain Realty, Inc.

Rip Van Winkle Mountain Realty, Inc.

Listing Courtesy of Rip Van Winkle Mountain Realty, Inc.

Copyright 2016 Mid-Hudson Multiple Listing Service, Inc.


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