Discover an exceptional investment opportunity with this spacious, fully updated three-unit property offering over 3,500 square feet of living space. Designed for both strong current returns and future income growth, this turnkey asset is ideal for investors seeking immediate cash flow with upside potential. Or owner occupants looking to offset living expenses. The building features three well-maintained and thoughtfully updated apartments:Unit 1: Generous 3-bedroom, 1.5-bath layoutUnit 2: Comfortable 2-bedroom, 1-bath unit Unit 3: Efficient and desirable 1-bedroom, 1-bath unitTwo units are currently rented with leases in place. All units are clean and updated minimizing upfront expenses and vacancy concerns. A newer boiler adds peace of mind and operational efficiency.Conveniently located just 15 minutes from Hudson and Amtrak, and only 2 minutes from the Taconic State Parkway, this property offers excellent accessibility for commuters and tenants alike--enhancing its long-term rental appeal.With strong in-place income and room to increase rents over time, this is a high-performing, low-maintenance investment in a desirable location. A rare opportunity to acquire a fully operational, income-producing property thats ready to deliver from day one.
Listing By
Agency Name: Davala Real Estate, LLC
Shown By
Agent Name: Veronica Martell
Agent Phone: (516) 322-0618 Cell
Agency Title: Coldwell Banker Choice Properties
Estimated Payment
$ 1,245.97 per month $867.97 Principal & Interest $264.25 Property Tax $113.75 Homeowner's Insurance
178 Main Street | MLS# 20261677
This multi-family property located at 178 Main Street, Philmont, NY 12565 is currently listed for sale with an asking price of $390,000. Main Street is located within the Taconic Hills Central Schools school district. Search Philmont real estate on www.hudsonvalleyhomesny.com today.