See all 18 photos
$250,000
Est. payment /mo
4 Beds
2 Baths
0.31 Acres Lot
Active
13 & 15 Underwood ST Saugerties, NY 12477
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 987929
Style Other
Bedrooms 4
Full Baths 2
Rental Info No
Year Built 1933
Annual Tax Amount $7,399
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Duplex
Source onekey2
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.
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.
Location
State NY
County Ulster County
Rooms
Basement Full
Interior
Interior Features Other
Heating Baseboard, Other
Cooling None
Fireplace No
Exterior
Parking Features Unpaved
Utilities Available None
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Cahill
Middle Schools Saugerties Junior High School
High Schools Saugerties
School District Saugerties
Others
Senior Community No
Special Listing Condition None

Listed by eXp Realty • Nicholas Breithaupt
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