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Multi Family 5+ in Putnam County
MLS Number1040196
Address174-176 Myrtle Avenue, Mahopac, NY 10512 show map
Price$1,400,000 show mortgage calculator
Acres0.43801652892562
Year Built1930
Est. Sq. Footage0
Elementary SchoolLakeview Elementary School
Jr High-Middle SchoolMahopac Middle School
High SchoolMahopac High School
Estimated Taxes$16,891
Total Apt Units6
Remarks

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.

Amenities

This listing is Courtesy of Compass Greater NY, LLC (914-214-8922).

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