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$ 1,995,000
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Price Dropped by $300K
2465 Glasco TPKE Woodstock, NY 12498
5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1001723
Rental Info No
Year Built 1965
Annual Tax Amount $16,312
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Multi Family
Source onekey2
Property Description
Rare investment opportunity in Woodstock: a collection of five unique cottages on six wooded acres located just minutes from the Village's vibrant shops, dining, and nightlife. Each home boasts a distinct personality and peaceful forest views, and all five have been successfully rented with a combination of short- and long-term tenants. Possibilities include renting all five cottages or living in one while renting the other four. Another option is to create a warm and inviting 5-cottage compound for group living. Imagine enjoying the Woodstock lifestyle with loved ones just a door-knock away. For a writer, artist, or home-business owner, perhaps one or more of the cottages could be used as a studio or office separate from home. Cottage 1 is a delightful two bedroom/one bath with a fireplace and Craftsman kitchen. Cottage 2, with one bed and one bath, was reimagined and fully renovated in 2024. Cottage 3 is peak contemporary treehouse: a stunning two bedroom/two bath, featuring dramatic windows, balcony, and fireplace, with a spiral staircase up to the primary bedroom. Bright and airy Cottage 4 is a cheerful one bedroom/two bath that is wheelchair-accessible. The first thing you'll notice about Cottage 5 is the cool roofline with a clerestory that fills the living area with light. When not relaxing at home, there's plenty to do in the area: hiking, swimming, skiing, listening to live music, visiting art galleries and antique shops, dining and shopping in Woodstock and beyond. The bus from NYC stops near Woodstock's Village Green. Amtrak is across the Hudson in the hamlet of Rhinecliff. NYC's George Washington Bridge is about 100 miles away. The short-term rental license conveys. The 2025 cap rate with all cottages rented (either short-term or long-term) was 7%, and for 2024 it was closer to 10%. Financials and rental history are available. If you're seeking an investment property, live-work dream spot, or sweet group compound in Woodstock, consider viewing this fantastic 6-acre, 5-cottage property in beautiful, famous, ever-inspiring Woodstock.
Location
State NY
County Ulster County
Interior
Heating Electric, Heat Pump, Propane, Radiant, See Remarks
Cooling Varies by Unit
Flooring Hardwood, Tile
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected, Propane, Trash Collection Private, Underground Utilities
View Trees/Woods
Total Parking Spaces 10
Building
Foundation Block, Slab
Sewer Septic Tank
Water Well
Structure Type Frame,Wood Siding
Schools
High Schools Onteora
School District Onteora
Others
Special Listing Condition None
Listed by Halter Associates Realty Inc • Lillian Kology
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