16 Tremper Ave Phoenicia, NY 12464

This sweet village house has been clearly loved by its owner -- first as her primary residence and later by literally hundreds of Airbnb visitors who have stayed there in the past few years, many who were seeking a car-free vacation. It's not surprising that there are over 200 4-star reviews since the house is on an extremely quiet residential street but is a block and a half to Main Street in Phoenicia where you can experience the mountain-ringed small town atmosphere that causes so many visitors to Phoenicia to fall in love -- plus the bus to NYC, restaurants, shops, cafes, tube rentals, hiking trails, and more. The house is a very manageable 929 square feet, yet has two bedrooms with vaulted ceilings (one with a balcony), a charming eat-in kitchen with sliders out to the deck and lush backyard, a generous living room, and two full baths, including one with a clawfoot tub. The owner is a fashion designer and businessperson who has added so many thoughtful touches to make this home both stylish and comfortable -- and it is 100% move-in ready (and she may also be open to selling the entire contents at a relatively nominal price for someone really looking for turnkey!). For an investor, the $34,000 the house earned in income last year (with no additional marketing besides the listing on Airbnb) plus the low annual expenses ($2,296 taxes (before STAR), $1,800 electric, $600 water, $300 gas, $1,250 hotel insurance) make this a no-brainer -- particularly considering that the owner is willing to pass along her processes and contacts to the housekeeper and handyman who have managed the home successfully for years. With the proximity to skiing, hiking, tubing, fishing, shopping, eating, and hanging out in the Catskills, there's no reason to really look any further if an easy way to enjoy upstate is what you've been looking for. Note: the home is located just inside the border of a mandated floodplain, but has not flooded in the 10 years this owner has had it. The next owner who seeks conventional financing will likely have to get flood insurance. There are mechanisms to contest the situation, particularly as all the mechanicals are aboveground.