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Multi Family 2-4 in Orange County
MLS Number875808
Address135 W Main Street, Walden, NY 12586 show map
Price$349,900 show mortgage calculator
Acres0
Year Built1914
Est. Sq. Footage0
Elementary SchoolWalden Elementary School
Jr High-Middle SchoolValley Central Middle School
High SchoolValley Central High School
Estimated Taxes$8,957
Total Apt Units2
Total Bedrooms6
# 3 Brs2
Remarks

Investor's Dream in the Thriving Hudson Valley! Welcome to 135 W Main St, a recently renovated and income-producing duplex located in the charming village of Walden and within the sought-after Valley Central School District. This turnkey opportunity offers immediate cash flow and strong long-term potential, with all major systems recently updated—just collect rent and watch your investment grow. Set on a .16-acre lot, this solidly built property features two spacious 3-bedroom, 1-bath units, each boasting approximately 1,024 sq ft of living space. Both apartments have been thoughtfully modernized with brand-new appliances, updated fixtures, hardwood and ceramic tile flooring, and separate heating systems with a new furnace/boiler for each unit. All utilities—including city water/sewer, electric, and heat—are fully separated, and paid by the tenants, making this an easy-to-manage asset with reduced overhead. The upstairs unit is currently leased for $2,000/month to a stable tenant, while the downstairs unit is owner-occupied and will be delivered vacant, giving you the option to place your own tenant at current market rates—or even live in one unit while renting the other. With off-street parking, a 1-car garage, covered front porch, and a private backyard accessed via a back alley driveway, this property offers tenants both comfort and convenience. Additional investor-friendly features include a full basement with laundry hook-up, ideal for storage or potential added value, and a walk-up attic that provides even more flexibility for future improvements or tenant use. The prime location is within walking distance to local shops, schools, parks, and recreation, and just minutes from commuter routes to NYC via train, bus, or major highways. Whether you're expanding your portfolio or searching for a low-maintenance starter investment, 135 W Main St is a rare opportunity to secure a fully updated multi-family property in one of Orange County’s most desirable rental markets. With minimal expenses, a strong cap rate, and built-in equity from recent renovations, this is a smart buy for any savvy investor.

Amenities

Eat-in Kitchen, Garage, High Speed Internet, Porch, Walk Metro-North RR

This listing is Courtesy of Keller Williams Hudson Valley (845-610-6065).

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