178 Main Street, Philmont, NY 12565

New - 12 Hours Ago

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Property Description

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.

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.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Oil
Heating: Baseboard, Hot Water, Oil
Lot Size: 0.40 Acres
Roof Type: Shingle
Taxes: $3,171
Year Built: 1890

Amenities

High Speed Internet
Private Yard

Feature Descriptions

Appliances: Refrigerator, Range
Community Features: Playground, Sidewalks, Street Lights
Flooring: Carpet, Vinyl, Wood
Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Lot: Cleared
Parcel #: 38
Parking: Off Street
Sewer: Public Sewer
SQFT Total: 3503
Swimming Pool: Yes
Tenant Pays: All Utilities
Units: 3

Local Schools

School District: Taconic Hills Central Schools

Estimate Your Payment

Estimated Payment

$ 1,245.97 per month $867.97 Principal & Interest $264.25 Property Tax $113.75 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Davala Real Estate, LLC

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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