Village of Margaretville Investment Opportunity

Description

Be a part of the Village of Margaretville's revitalization.Here's a 1950 Attached row 3 UNIT APARTMENT BUILDING in the HEART OF THE CATSKILL MOUNTAINS. Building has character. Borders the Binnekill Stream.  100% occupancy rate. Located in the center of town on Main Street; walking distance to the school and Village amenities. One of Delaware Counties most popular destinations. 10 miles to the slopes of Belleayre or Plattekill Ski Centers. Margaretville Hospital is within eyesight. Building was completely renovated by current owners.Each unit has efficient electric heat and hot water. Street level retail space is split into two retail units with one having a half bath. 2nd floor offers two apartments, each offering 1 bedroom, kitchen/living room combination with full bath. 3rd floor apartment offers 1 bedroom, kitchen/living room combination with full bath. Each apartment includes refrigerator, kitchen stove, microwave, table & chairs, futon and queen size bed. Exterior is impressive and maintains the traditional architecture of an attached row building but doesn't have the high maintenance costs. It's protected by a Fiber Cement Board Siding. Village water and septic. Taxes are fair, $1810 per year. Motivated sellers, asking $239,000. Income and expense available upon request to qualified buyers.