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$1,775,000

For Sale

2 months ago

4 White Birch Ln, Mount Tremper, NY

House

MLS® 1035529

0 Bed

0 Bath

--

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $13,227
Days Active 64
Lot Size 4.5 Acres
Approx. Age 1960
MLS® Number 1035529

Property Address: 4 White Birch Ln, Mount Tremper, NY, 12457-5111

Average square foot calculated using Size range provided by listing agent.

Description

Woodstock Apartment Complex - Rare opportunity to acquire an established 15-unit multifamily investment in the Woodstock, NY Hamlet of Wittenberg. Situated on 4.5 acres in a peaceful rural setting, the property combines stable income with significant value-added potential in one of the Hudson Valley's strongest, most sought-after rental markets. The complex consists of 15 studio and one-bedroom apartments housed within a main building which also includes a lobby/common entry area. Two detached outbuildings provide ancillary space for management offices, tenant laundry facilities and additional storage. Designed for efficient operation, each apartment is equipped with individually metered electric service, with electric heat and electric stovetops throughout, allowing tenants to pay for their own utilities. The property is served by a private well and a recently reconstructed septic system completed through the DEP's Catskill Watershed Corporation, providing peace of mind for future ownership. Roofing on the main building is new. Cable/wifi and common area maintenance provided by landlord. Steady passive income generated by a pro forma CAP rate of 7.3 can readily be improved upon. Despite consistently strong rental demand, at least 5 apartment units are scheduled to be delivered vacant, allowing a new owner to address deferred maintenance, upgrade finishes and lease units at market rates without tenant displacement. Great location between the villages of Woodstock and Phoenicia with all the Hudson Valley/Catskill Mountain has to offer--world class natural beauty, hiking, biking, fishing, skiing, arts, live music, culture and cuisine--all in one place!
MLS® Number1035529
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayCommon, Off Street, Parking Lot
Garage Spaces
HeatElectric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 8, 2026List Date
$1,775,000List Price
  • Commute

Commute

Starting Address
Destination Address
4 White Birch Ln, Mount Tremper, NY

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