Calling all investors! An incredible opportunity to own one of the most well maintained 6-unit buildings in Southern Mahopac, just over the Westchester County border. Surrounded by single-family homes on a quiet, walkable street, this property offers a unique residential feel. A peaceful wraparound porch with individual entrances, along with additional private entrances, gives residents the feeling of having their own space. The building features two 1-bedroom units, three 2-bedroom units, and one 3-bedroom unit (with laundry), with each unit also having its own dedicated storage area in the basement and shed access. All six units are currently occupied-no vacancies. The building is home to amazing, TIDY, long-standing working professionals who have consistently taken GREAT care of their space. Rents have intentionally been maintained at fair rates (some below market-value) in recognition of the cleanliness, reliability, and consistency of these excellent long-term tenants, offering an investor incredible and safe stability at the current NOI ($118,907). With operating expenses under $50,000 annually and current rental income of $166,410, this is a fantastic opportunity for an investor looking for a seamless transition into a well-maintained property with great tenants and no immediate repairs needed.
| MLS # | 1050053 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1911 |
| Days On Site | 45 |
| Listing Provided By | William Raveis Real Estate | Katherine Bellantoni |
| SQ Feet | 5,985 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | R |
| Acreage | 0.68 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Electric |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Block |
| Parking Features | Common, Off Street, Parking Lot |
|---|
| Utilities | Cable Connected, Electricity Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Septic Tank |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 815900 |
| Tax Annual Amount | 21188 |
| State | NY |
|---|---|
| County | Putnam County |
| City | Mahopac |
| Zip Code | 10541 |
| School District | Mahopac High School |
| Elementary School | Austin Road Elementary School |
| High School | Mahopac High School |
| Listing VS Median (in 10541) | |
Price: $1,750,000 low | high Med: $648,900 sqft: 5,985 low | high Med: 2,293 $ / sqft: $292 low | high Med: $283 On site: 45 low | high Med: 221 | |
| State | NY |
|---|---|
| County | Putnam County |
| City | Mahopac |
| Zip Code | 10541 |
| School District | Mahopac High School |
| Elementary School | Austin Road Elementary School |
| High School | Mahopac High School |
| Listing VS Median (in 10541) | |
Price: $1,750,000 low | high Med: $648,900 sqft: 5,985 low | high Med: 2,293 $ / sqft: $292 low | high Med: $283 On site: 45 low | high Med: 221 | |