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$1,400,000
Est. payment /mo
0.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1040196
Style Flats
Rental Info No
Year Built 1930
Annual Tax Amount $16,890
Lot Size 0.448 Acres
Acres 0.448
Property Sub-Type Multi Family
Source onekey2
Property Description
INVESTORS TAKE NOTICE! Rare opportunity to own a six-unit multifamily property consisting of two separate buildings, offering approximately 5,870 square feet on .44 acres with parking for approximately 15 cars. With five of the six apartments updated, this property offers an exceptional combination of current income, attractive unit mix, and long-term investment potential. The two-building configuration includes four apartments at 174 Myrtle Avenue and two apartments at 176 Myrtle Avenue, providing flexibility and diversification within one investment. The unit mix includes two-, three-, and four-bedroom apartments, appealing to a broad range of tenants.
With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.
With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.
Location
State NY
County Putnam County
Rooms
Basement Crawl Space
Interior
Heating Hot Water, Oil
Cooling None
Flooring Carpet, Hardwood, Laminate, Other
Fireplace No
Appliance Electric Oven, Refrigerator
Exterior
Parking Features Common, Parking Lot
Utilities Available See Remarks
Total Parking Spaces 15
Building
Sewer Septic Tank
Water Well
Structure Type Frame
Schools
Elementary Schools Lakeview Elementary School
Middle Schools Mahopac Middle School
High Schools Mahopac
School District Mahopac
Others
Special Listing Condition None
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Listed by Compass Greater NY, LLC • Patricia A. Wagner
NEARBY SCHOOL & BUSINESS
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