38 Main St.
Phoenicia, NY 12464

Call Us:
845-688-5610

38 Main St.
Phoenicia, NY 12464

Call Us:
845-688-5610

#1 IN 2021 TOWN OF SHANDAKEN HOME SALES VOLUME

BIG INDIAN MULTI-FAMILY

For Sale:

$1,350,000

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Originally the BIG INDIAN LODGE on Oliverea road. This incredible streamside property with mountain views and 8 gorgeous acres, 7 acres of which are streamside AND 1 acre is across the street that abuts state land. There are a total of 6 units rented on the property: (3) 2bed/1bath; (3) 3bed/2bath and there is a 2+car garage with 2 bathrooms. The first floor of the hotel at one time was a restaurant and the second floor has 5 rooms. Currently, there is one tenant upstairs occupying a 2bed/1bath unit. The rental income for the 6 units is $69,000 per year. The tenants pay for all utilities in their units. Owner pays the electric for the garage. The owner mows and plows. All of the cabins were rebuilt and all with metal roofs. New septics were installed in all of the units. New well pump and water lines were installed recently. There are endless possibilities for this unique and beautiful property of what it can be transformed into. $1,350,000.

Contact Us
466-478 Oliverea Road, Big Indian, NY, 12430