466-478 Oliverea Road

Big Indian, NY 12430 View Map $1,395,000 Schedule a Tour
Acres8.01
Year1930
Glenn Fitzgerald

Glenn Fitzgerald

(845) 443-7776

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Status: Active
Property Type:Multi-Unit
MLS #:20221675
On Site:190 Days
Lot Size:8.01 Acres
County:Ulster County
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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Price Change History

Date Old Price New Price Percent Change
6/4/2022$1,350,000$1,395,0003.3%

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Additional Information About 466-478 Oliverea Road, Big Indian, NY


The property at 466-478 Oliverea Road represents an excellent opportunity for homebuyers to own a home in Ulster County.

This -bedroom / -bathroom multi-unit for sale sits in the neighborhood of Big Indian in Ulster County. Its size is square feet, and it sits on a parcel of approximately 8.01 acres.

The current price is $1,395,000. Our experienced agents can help you determine whether that is a fair asking price for the property. What's more, we'll help you strategize and submit a smart offer that will get accepted based on current market conditions.

If you'd like to see this residence in person, please call the Ulster County Homes Team at 845-393-0777 today. Our Ulster County real estate agents will gladly arrange a private tour.

If you are looking to sell a home near 466-478 Oliverea Road or anywhere in Big Indian, our Realtors® can provide up-to-date Big Indian real estate market information and local insights to help you price your home appropriately. From there, we will go to work to aggressively market your home to prospective buyers.

Community Information

Address:466-478 Oliverea Road Big Indian, NY 12430
Township:Shandaken
Zip Code:12430

School Information

Elementary School:PHOENICIA K-3

Architecture

Year Built:1930
Garage: Garage Detached
Garage Capacity: Three

Property Features

Lot Size: 8.01 Acres
Lot Dimensions:8.01
Zoning:R1.5
Directions:From Route 28, Take Oliverea road 3 miles. The property will be on the right.

Tax and Financial Info

General Tax: $4,836
School Tax: $5,613
Owner Pays: Trash
Tenant Pays: All Utilities
Monthly Income: $5,750
Annual Income: $69,000

Schools

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466-478 Oliverea Road Big Indian, NY 12430
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466-478 Oliverea Road Big Indian, NY 12430
 
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Listing Information Last Updated 12/9/2022
Listing provided courtesy of Ruth Gale Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Keller Williams Realty Hudson Valley North are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.