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Multi Family 2-4 in Orange County
MLS Number978409
Address15 Court Avenue, Greenwood Lake, NY 10925 show map
Price$585,000 show mortgage calculator
Acres0.30853994490358
Year Built1940
Est. Sq. Footage0
Elementary SchoolGreenwood Lake Elementary School
Jr High-Middle SchoolGreenwood Lake Middle School
High School
Estimated Taxes$6,687
Total Apt Units2
Total Bedrooms4
# 2 Brs2
Remarks

Opportunity knocks in Greenwood Lake—and this time, it’s bringing serious potential with it. This fully detached two-family property delivers the kind of flexibility today’s buyers are searching for, whether you're looking to offset your mortgage with rental income or secure your next smart investment in one of the Hudson Valley’s most sought-after lake communities. Each unit offers 2 bedrooms and 1 full bath with separate living spaces, making it ideal for owner-occupants, multi-generational living, or income-producing opportunities. The first unit (approx. 568 sq ft) features a covered porch—perfect for morning coffee or winding down at sunset—and includes access to an unfinished basement with Bilco doors, offering valuable storage or future improvement potential. The larger second unit (approx. 952 sq ft) provides additional interior space along with a concrete patio for outdoor enjoyment. Both units are currently livable, giving you the ability to move in or rent out immediately, with the opportunity to make updates over time to truly maximize returns. Seperate driveways provide convenient off-street parking, and the front yard offers usable outdoor space. The location puts you just minutes from the lake, local shops, restaurants, and everything that makes Greenwood Lake such a desirable place to live and invest. Buy now and position yourself to start generating passive income by summer—just in time to take full advantage of peak lake-season demand. Whether you're house hacking, expanding your portfolio, or exploring short-term rental potential near the water, this is a property that checks the boxes—and then some. Opportunities like this don’t sit still… so if you’ve been waiting for the right mix of location, layout, and upside, this might just be your moment.

Amenities

Patio, Porch

This listing is Courtesy of Keller Williams Realty (845-928-8000).

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