Turnkey 3-Family + Flex Space in Prime Saugerties | 7.7 Cap | Value-Add Potential
Investor & House Hacker Dream! This recently updated three-family property + additional flex space is a rare find in the heart of the Village of Saugerties. With Esopus Creek views and a strong 7.7 cap rate as-is, this income-producing asset offers immediate cash flow with significant upside potential.
Key Highlights:
- 3 Fully Rented Units + Flex Space - Multiple income streams

- Under-Market Rents - Unlock additional value with strategic rent adjustments

- Prime Village Location - Walk to shops, dining, and the waterfront

- Recent Updates - Low-maintenance investment with modern improvements

- House Hack Opportunity - Live in one unit, rent the others & offset your mortgage
- Strong Rental Demand - Saugerties is a sought-after Hudson Valley destination
Whether you're looking for passive income, a live-rent opportunity, or a high-potential value-add, this property checks all the boxes. With increasing rental demand and a thriving local market, this is the kind of deal that won't last long.
- Call today for financials and a private tour!
Active
$499,000
2 Clermont Lane, Saugerties, NY 12477
3beds
4baths
2,240sqft
Triplex, Multi Family
Built in 1930
-- sqft lot
$485,300 Zestimate®
$223/sqft
$-- HOA
What's special
Esopus creek views
- 42 days
- on Zillow |
- 418 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2025 at 06:13am
Listing by:
The Machree Group, LLC 845-679-1237,
Machree Quaker 917-691-9788
Source: HVCRMLS,MLS#: 20250611

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Radiant Floor, Varies by Unit
Appliances
- Included: Washer/Dryer Stacked, Refrigerator, Electric Range
- Laundry: Common Area, See Remarks
Features
- Flooring: Hardwood, Laminate
- Basement: Storage Space,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Assigned
Features
- Levels: Two
- Stories: 2
- Entry location: Street facing
- Patio & porch: Patio
- Exterior features: Smart Lock(s), Storage
- Pool features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City Lights
Lot
- Size: 7,840.8 Square Feet
- Dimensions: .18
- Features: Back Yard, Views
Details
- Additional structures: None
- Parcel number: 18.6233.210
- Zoning: 06
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Saugerties
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $270,000
- Annual tax amount: $6,128
- Date on market: 3/15/2025
- Tenant pays: Cable TV, Telephone
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
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