Pending

197-199 Main Street

Cold Spring, 10516

$800,000


Pending

4 Beds

2 Baths

Multi-family

Built in 1840

Welcome to this income generating Duplex, located in the heart of Cold Spring NY! This location is very much in demand for its accessibility to metro north (giving you quick access into NYC), its walkability to many great restaurants, and the towns beautiful Hudson River scenery. This property is profitable, total current monthly income is $5700 a month, with opportunity to increase rents further to reach market value. Each unit has its own electric meter. Currently one unit is a 3-bedroom on a lease and the second unit is used as a 1-bedroom Airbnb. Property provides each unit with access to the backyard for relaxation, along with access to on-street/off-street parking and a shed. Front of the property also provides tenants with a porch for each unit. Beautiful hardwood floors are throughout each unit's interior. It is rare that multifamily properties go on sale in this area, take advantage of this opportunity to invest in the Cold Spring real estate market today! Additional Information: HeatingFuel:Oil Above Ground, Appliances: Electric Water Heater BuildingAreaSource: Other,

H6322797

MLS ID

September 5, 2024

Listed

November 14, 2024

Updated

Map

197-199 Main Street
Cold Spring, 10516

Interior Features

Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Oil, Forced Air

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Duplex


Sewer

Public Sewer

School Information

School District

Haldane


High School

Haldane High School


Elementary School

Haldane Elementary/Middle School

Other Property Details

Taxes

$11,000


Tax Frequency

Annually


Garage

No


Parking

Driveway, Public Parking


View

No


County

Putnam


Municipality

Philipstown


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/14/2024

Pending

9/27/2024

Price change

$800,000

-9%

Listed by Jorge Lugo  with BHHS Hudson Valley Properties
Listing Contact: 845 8768600 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Suburban Collective shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:21 PM UTC, 11/14/2024

  

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