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466-478 Oliverea Road

Big Indian, NY 12430
  • $1,395,000
  • STATUS: ACTIVE
  • MLS #: 20221675
UPDATED: 220 min ago
$1,395,000
  • 0
    BEDS
  • 8.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

School District:

Description

Originally the BIG INDIAN LODGE on Oliverea Road. This incredible stream-side property with mountain views and 8 gorgeous acres, 7 acres of which are stream side & 1 acre is across the street that abuts state land. There are a total of 6 units rented on the property. (3)-2bed/1bath; (3)-3bed/2bath & there is a 2+ car garage with 2 bathrooms. The first floor of the hotel at one time was a restaurant and the second floor has 5 rooms. Currently, there is one tenant upstairs occupying a 2bed/1bath unit. The rental income for the 6 units is $69,000 per year. The tenants pay for all utilities in their units. Owner pays the electric for the garage. The owner mows & plows. All of the cabins were rebuilt and all with metal roofs. New septic's were installed in all of the units. New well pump and water lines were installed recently. There are endless possibilities for this unique and beautiful property of what it can be transformed into.

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© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-10-04T00:18:41.89
www.hudsonvalleyshometeam.com/homes/129491793
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466-478 Oliverea Road Big Indian, NY 12430

  • Price: $1,395,000
  • Status: ACTIVE
  • On Site: Days
  • Updated: 220 min ago
  • MLS #: 20221675
0
Beds
0
Baths
0
½ Baths
8.01
Acres
1930
Built
Neighborhood:
Shandaken
County:
Ulster
Area:
Shandaken
School District:
Onteora Central
Property Description
Originally the BIG INDIAN LODGE on Oliverea Road. This incredible stream-side property with mountain views and 8 gorgeous acres, 7 acres of which are stream side & 1 acre is across the street that abuts state land. There are a total of 6 units rented on the property. (3)-2bed/1bath; (3)-3bed/2bath & there is a 2+ car garage with 2 bathrooms. The first floor of the hotel at one time was a restaurant and the second floor has 5 rooms. Currently, there is one tenant upstairs occupying a 2bed/1bath unit. The rental income for the 6 units is $69,000 per year. The tenants pay for all utilities in their units. Owner pays the electric for the garage. The owner mows & plows. All of the cabins were rebuilt and all with metal roofs. New septic's were installed in all of the units. New well pump and water lines were installed recently. There are endless possibilities for this unique and beautiful property of what it can be transformed into.
Exterior Features

Garage Type Garage Detached

Property Features

Annual Income 69000 Annual Net 0 Annual Taxes 10449 Assessed 114900 Flood Plain No General Tax 4836 Listing Type Exclusive Right Lot Dimensions 8.01 Monthly Income 5750 Other Income 0 Owner Pays Trash School Tax 5613 Tenant Pays All Utilities Total Deposit 0 Total Taxes 10450 Type Multi-Unit

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20221675 provided courtesy of Richard Greenspan of Ruth Gale Realty: 845-688-5610.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-10-04T00:18:41.89
 
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