181 Glenerie Boulevard Lake Katrine, NY $ 1,100,000
181 Glenerie Boulevard
$ 1,100,000
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181 Glenerie Boulevard

Lake Katrine, NY, 12449
$ 1,100,000
Bedrooms12 Baths7.0 Sq 4,544

Monthly Estimate*

$ 6,863

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Multi-Family Home for sale in Lake Katrine, NY

for $1,100,000 with 12 bedrooms and 7 full baths. This 4,544 square foot home was built in 1970 on a lot size of 0.55.

Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

12

Full Bath

7

Property Type

Multi-Family

Taxes

$ 9,967

Style

Cabin,Multi Family

Lot Size

0.55

Year Built

1970

Town/City

Lake Katrine

County/Region

Ulster

MLS | Web ID

20255060

Features
General
Sewer Septic Tank
Heating Hot Water Propane
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Not Available Water Connected Propane
Roof Asphalt Metal
Appliances Refrigerator Range
Zoning 32
Year Built 1970
Electric 200+ Amp Service
Tenant Pays All Utilities Electricity See Remarks
Stories Count 1
Township Ulster
Property Subtype Multi Family
Gross Income 113100.0
County Ulster
Net Operating Income 78006.0
Operating Expense 31700.0
Insurance Expense 4018.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
MaintenanceExpense 3291.0
Garage Y/N N
Status Active
City Lake Katrine
Senior Community Y/N N
High School District Saugerties Central Schools
Number Of Units Total 7
MLS Area Ulster-Town Of
Lot Size Units Acres
Lot Size Square Feet 23958.0
Carport Y/N N
Tax Annual Amount 9967.0
Electric Expense 4452.0
Home Warranty Y/N N
Trash Expense 3772.0
Lease Renewal Y/N N
MLS Area Minor Ulster-Town Of
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Cabin Multi Family
Standard Status Active
Tax Assessed Value 159500
Tax Lot 15
Total Actual Rent 113100.0
Taxes 9966.0
Cap Rate 8.0
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Interior
Flooring Carpet Luxury Vinyl Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4544.0
Total Bedrooms 12
Below Grade Finished Area 0.0
Total Baths 7
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 0.55
Foundation Details Slab See Remarks
Spa N
Building Area Total 4544.0
Lot Dimensions irregular
Lot Size Acres 0.55
Road Surface Type Paved
Waterfront Y/N N
Pool Charge 0.0
Road Frontage Type County Road
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Internal Only
Street Number 1 181
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* Excluded Features
List By
Gregory Berardi

Listing Agent

Berardi Realty

Broker

gregberardiwmr@gmail.com

Email

Affordability Calculator

$7,693
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$831
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2616010 Elementary School
2616132 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$1,100,000 Listed Price

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181 Glenerie Boulevard, Lake Katrine, NY, 12449 is a Multi-Family Home for sale at $1,100,000 with 4,544 sqft and a lot size of 0.55. 181 Glenerie Boulevard has 12 bedrooms, 7.0 baths, and was built in 1970. The property's zip code is 12449 which is in Lake Katrine, NY