167 Highway 23

Baths
16,000 Sq. Ft.
$88 / Sq. Ft.
16,000
Sq. Ft.
$88
per Sq. Ft.

Description

It's rare to come across such a unique investment opportunity in our area. The current property owner has maintained and cared for this property since 1978, with tenants rarely leaving. Most tenants have resided there for over a decade. The property spans 2.13 acres and comprises four separate buildings, each housing four rental units, totaling 16 apartments. There are 14 two-bedroom apartments and two one-bedroom apartments. Tenants cover their heat and utilities, except for the rear colonial building...It's rare to come across such a unique investment opportunity in our area. The current property owner has maintained and cared for this property since 1978, with tenants rarely leaving. Most tenants have resided there for over a decade. The property spans 2.13 acres and comprises four separate buildings, each housing four rental units, totaling 16 apartments. There are 14 two-bedroom apartments and two one-bedroom apartments. Tenants cover their heat and utilities, except for the rear colonial building where the owner pays for oil heat. While only three apartments in the colonial building have dishwashers, all other apartments are furnished with a stove, refrigerator, dishwasher, water heater, microwave, and air conditioner. Tenants have access to two parking lots, with the owner handling trash removal, snow removal, lawn maintenance, and providing coin-operated laundry facilities. All tenants are on a month-to-month lease, and there's a waiting list for apartments. The current annual gross rental income is $137,000 with expenses at $67,139. Rents are currently below market value, averaging $812.00 per apartment. The complex is fully occupied, with one unit under renovation and another used by the owner when in the area. This is a fantastic opportunity for serious investors to benefit from the owner's hard work. Proof of funds is required before showings.
  1. Listed by Rochelle Bartolo • Beach & Bartolo Realtors
    P: (518)-821-1774 C: (518)-821-1774 rochelle@beachandbartolo.com

Property Details for 167 Highway 23

Basement YN
Yes
LISTING UPDATED: 05/09/2025 09:04 PM

Property Details for 167 Highway 23

StatusClosed
MLS #152736
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1971
Lot Size2.13 AC / 92,782 SF
CountyColumbia County

Location

Listing Courtesy of Beach & Bartolo Realtors

Sold By Reliant Property Services

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Building Information for 167 Highway 23

Stories-Residences16Year Built1971Building Size-Lot Size2.13 AC / 92,782 SF

Payment Calculator

$7,992 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,823

Property Taxes

$1,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 167 Highway 23

Summary
Location and General Information
  • Directions: Light in Claverack (Rte 9 & 23) Take 23 East to property on the left.
  • County: Columbia
  • Latitude: 42.225838
  • Longitude: -73.722436
  • Sign On Property YN: No
Taxes and HOA
  • Association Fee: $.00
  • Parcel Number: 121.3-2-52
  • Tax Annual Amount: $.00
Property
Lot Information
  • Lot Size Acres: 2.13
  • Living Area: 16000.0
  • Lot Size Area: 2.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 92782.8
  • Lot Size Acres: 2.13
  • Aluminum Siding: Yes
  • Brick: Yes
  • Frame: Yes
Property and Assessments
  • Owner Name: Claverack Realty Inc
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Multi Family
  • Lead Paint Disclosure: Yes
Taxes and HOA
  • Tax Assessed Value: 761600.0
Utilities
  • Electric: Yes
  • Electric Water Heater: Yes
  • 220 Volts: Yes
  • Septic Tank: Yes
  • Well: Yes
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
Interior and Exterior Features
Exterior Features
  • Porch: Yes
  • Shingle: Yes
Interior Features
  • Basement YN: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Bedrooms Total: 30
  • Water Heater: Yes
  • Full: Yes
  • Oil: Yes
  • High Speed Internet: Yes
Multi Family
Multi Family Information
  • Number of Units: 16
Mobile Home
Mobile Home Information
  • Sign On Property YN: No

Public Records for 167 Highway 23

Taxable ValueLand$37,500Additions$682,500Total$720,000
Tax Record2024$14,033 ($1,169 / month)
Home Facts
Total Finished SqFt7,232 SqFtAbove Grade Finished SqFt7,232 SqFtUnfinished Basement SqFt480 SqFtStories2Lot Size65,340 SqFtStyleMulti-Family Res (5+ Units)Year Built1974Zoning07 - MIXEDCountyCOLUMBIAAPN102889 121.3-2-52

Schools near 167 Highway 23

This home is within Hudson City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Montgomery C Smith Intermediate School
PublicPK to 5

Hudson Junior High School
Public6 to 8

Hudson Junior Senior High School
Public9 to 12

John L Edwards Primary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Beach & Bartolo Realtors

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2026, OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. All rights reserved. Data last updated: 05/09/2025 09:04 PM