Ricki Noto
BEDS4
BATHS2 full
MLS#987929
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSaugerties
Property Description
Located just minutes from the Village of Saugerties and tucked near the scenic Esopus Creek, this legal two family property at 13-15 Underwood Street presents a rare opportunity for investors looking to capitalize on a growing Hudson Valley market.This ~1,900 sq ft multi family built in 1933 sits on a .31 acre lot and features two units with a total of 4 bedrooms and 2 bathrooms, offering strong upside for rental income or resale after renovation. The property is in need of a full rehab, making it ideal for seasoned investors, flippers, or anyone looking to create long term value through improvements. With the right vision, this asset can be transformed into a high performing income property or a desirable owner occupied investment. Recent renovations are already underway in the immediate area, with a neighboring property currently being fully renovated highlighting the ongoing investment and revitalization happening in this pocket of Saugerties.Saugerties continues to gain traction as an up and coming Hudson Valley destination, known for its proximity to Kingston, Woodstock, and the NYS Thruway, along with its growing appeal for both full time residents and weekend buyers. Demand for renovated multi family properties in the area remains strong, especially those within close distance to the village, restaurants, and waterfront.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Heating: Baseboard, Other
Home Style: Other
Lot Size: 0.31 Acres
Taxes: $7,399
Year Built: 1933
Amenities
Other
Feature Descriptions
Attic: Scuttle
Days on Site: 3
Exterior: Frame
On Market Date: 2026-04-24
Parcel Number: 4801-018.070-0003-006.000-0000
Parking Features: Unpaved
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: None
Water: Public
Local Schools
High School: Saugerties Senior High School
Middle School: Saugerties Junior High School
Elementary School: Cahill
School District: Saugerties
Estimate Your Payment
Estimated Payment
$ 1,953.64 per month $1,264.14 Principal & Interest $616.58 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: eXp Realty
Agency Phone: 888-276-0630
Shown By
Agent Name: Ricki Noto
Agent Phone: Cell: (917) 860-5952
Agency Title: Coldwell Banker American Homes
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13 & 15 Underwood Street | MLS# 987929
This multi-family property located at 13 & 15 Underwood Street, Saugerties, NY 12477 is currently listed for sale with an asking price of $250,000. & 15 Underwood Street is located within the Saugerties school district. Search Saugerties real estate on www.rickinoto.com today.