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178 Main St, Philmont, NY 12565

Beds
6
Baths
4
Sqft
3,503

View property features, location on map, relevant school information and overview from seller's agent.

Listed byDavala Real Estate, LLC
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Overview

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 layout
Unit 2: Comfortable 2-bedroom, 1-bath unit
Unit 3: Efficient and desirable 1-bedroom, 1-bath unit
Two 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 that's ready to deliver from day one.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
4
Square feet
3,503
Lot size (acres)
0.40
Year built
1890

Interior features

Laundry
Washer Hookup, Laundry Room, In Unit, Electric Dryer Hookup

Utilities

Heating
Oil, Hot Water, Baseboard
Sewer
Public Sewer

Taxes

Tax Annual Amount
$3,171

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Hudson Valley Catskills/Ulster County MLS MLS®#: 20261677 Last checked:

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