3361 Rt-23A Palenville, NY 12414
0.67 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1018444
Rental Info No
Year Built 1864
Annual Tax Amount $8,466
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Quadruplex
Source onekey2
Property Description
As this nation was making its way out of The CIvil War, tourists began making their way to the Catskill Mountains. The hamlet of Palenville, in the town of Catskill, NY is home to the country's first Art Colony. The Hudson River School of painters helped lead that movement to the magic of Upstate that continues today.
The Arlington House has been through a few different iterations over its lifespan, but has consistently operated as a boarding house, hotel and residence since its inception. It is rumoured that Mark Twain and his family spent the night here on the way to their legendary summer vacation right up the road in Onteora Park.
The current owner grew up in the house and they enjoyed the contribution of the rental apartments. When he took control, he performed a full gut renovation of the main house in 2011 and the apartment building in 2023. There is all new drywall, insulation, plumbing and electric. As well as a new wrap around porch, roof and box gutters.
The house was primarily used as a short term rental after the renovation, hosting small weddings, group gatherings and ski trips. The main house has 5 bedrooms and 3 baths, a large open floor plan and parlour that lend themselves to entertaining large groups. There is also a 3rd floor walk up attic that was originally a living space years ago. That has been gutted with electric and plumbing roughed in as the owner was going to finish that as a private space for himself.
The separate apartment building has 3 one bedroom units. Two of them are complete and the third unit is ready for you to finish with brand new kitchen cabinets in the boxes and onsite.
There is also another space that has electric and plumbing roughed in. It could be used to join to the other downstairs unit, make a laundry room and storage or create a 5th unit with proper permitting from the town.
This amazing historic home looks up at the mountains through the Kaaterskill Clove. Surrounded by skiing, hiking, swimming in the nearby creeks, Kaaterskill Falls and North Lake. Only 10 minutes from the villages of Catskill and Saugerties and 20 minutes to Hudson,Amtrak and Woodstock.
Palenville is home to the Rip Van Winkle Golf Course, the Circle W Cafe and General Store and The Griffin House, recently taken over by the previous management of Tavern on the Green. The Griffin house is a great pub with small festivals in their beautiful outdoor space overlooking the creek.
A bed and breakfast or inn would be a great addition to the town. The Arlington House lends itself to whatever you envision whether it's a single family home with ADU units or strictly an investment property. It has a proven track record as an earner with financials available Cap rate of 6 with potential for 8 with the completion of the 4th unit. Advance notice needed and agent must accompany. Book your showing today.
Location
State NY
County Greene County
Rooms
Basement Full, Unfinished
Interior
Interior Features Other
Heating Baseboard, Electric, Oil, Other
Cooling Wall/Window Unit(s)
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Driveway, Off Street, Parking Lot
Utilities Available Cable Available, Cable Connected, Electricity Connected, Phone Available, Phone Connected, Propane
View Mountain(s), Panoramic, Trees/Woods
Total Parking Spaces 10
Garage false
Private Pool No
Building
Sewer Septic Tank
Water Well
Structure Type Clapboard,Frame,Wood Siding
Schools
Elementary Schools Catskill Elementary School
Middle Schools Catskill Middle School
High Schools Catskill
School District Catskill
Others
Senior Community No
Special Listing Condition None
