AAA Prime Catskill Mountain Property for sale just steps to the heart of Woodstock (Village Green). Historical main building (was once a hotel) now has 8 residential rental units (most have claw-foot tubs and a few have access to the balcony) and 2 prime retail spaces on street level with long standing tenants. There is also an 800 sq. ft. cottage currently used as retail shop downstairs and residential rental upstairs. Great rent roll here! Owned for 18 years by current owner who has maintained the building. No deferred maintenance to be addressed! Main building had a new roof put on in 2013. Main building is 3.5 stories with mandatory sprinkler system in place. Municipal water & sewer. Located across the street from large public parking lot and Woodstock information center. Property has private parking in place. One car per tenant. Trailways Bus Service runs to center of Town. Perfect opportunity for the person who wants to make an investment in Woodstock's vibrant cultural scene or reconfigure the living space to accommodate an artisan who wishes to work and live in the same building. This is a rare opportunity to do something unique with a historical building in the hippest town in the USA. Short term rentals would increase income substantially. 7.3% cap rate at current asking price.
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