55 Morrissey Drive

Lake Peekskill, NY 10537

About this property

Looking for your piece of the American Dream at a fraction of what many homes are selling for today? Look no further. This two-bedroom, one-bath home offers additional finished living space in the basement, currently being utilized as a third bedroom, with additional space that could be ideal for a second family room, home office, recreation area, or flexible living space. Currently tenant-occupied, the property offers the opportunity to purchase as a primary residence or consider its potential as an income-producing investment. For buyers looking to make a home their own, some cosmetic updates and TLC could go a long way toward unlocking its full potential. Investors may appreciate the opportunity to add a rental property in a convenient commuter-friendly location to their portfolio. Enjoy suburban living while maintaining convenient access to New York City. The home is positioned near the Taconic State Parkway and Metro-North train service, providing multiple options for commuters. Everyday conveniences are also close by, including a neighborhood deli, restaurants, schools, and area lakes. The photos show the possibilities. Bring your vision, make the improvements that suit your style, and create a home that works for you. With home prices continuing to challenge affordability throughout the region, opportunities at this price point and in a location with access to major roadways and public transportation deserve attention. Whether you're looking for a place to call home or an investment opportunity, this property offers flexibility, location, and potential. Come see what you can create here.

About this property

Looking for your piece of the American Dream at a fraction of what many homes are selling for today? Look no further. This two-bedroom, one-bath home offers additional finished living space in the basement, currently being utilized as a third bedroom, with additional space that could be ideal for a second family room, home office, recreation area, or flexible living space. Currently tenant-occupied, the property offers the opportunity to purchase as a primary residence or consider its potential as an income-producing investment. For buyers looking to make a home their own, some cosmetic updates and TLC could go a long way toward unlocking its full potential. Investors may appreciate the opportunity to add a rental property in a convenient commuter-friendly location to their portfolio. Enjoy suburban living while maintaining convenient access to New York City. The home is positioned near the Taconic State Parkway and Metro-North train service, providing multiple options for commuters. Everyday conveniences are also close by, including a neighborhood deli, restaurants, schools, and area lakes. The photos show the possibilities. Bring your vision, make the improvements that suit your style, and create a home that works for you. With home prices continuing to challenge affordability throughout the region, opportunities at this price point and in a location with access to major roadways and public transportation deserve attention. Whether you're looking for a place to call home or an investment opportunity, this property offers flexibility, location, and potential. Come see what you can create here.

Features and Additional Information

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$369,000 Active
2 Bed(s)
1
Bath
1,584 sqft

Presented By Smitchger Realty

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eXp Realty
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Area Information

| Putnam County County |

$ 369,000
This listing is play_arrow 18.0% lower than the average in the area
$ 450,000 in the area
1,584 SqFt
This listing is play_arrow 86.4% larger than the average in the area
850 SqFt in the area
$ 233 $/SqFt
This listing is play_arrow 56.0% less than the average in the area
$ 529 $/SqFt in the area
31 days on site
This listing is play_arrow 24.0% above the average in the area
25 days on site in the area

Schools in the Area

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    Elementary School
    Putnam Valley Elementary School
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    Middle School
    Putnam Valley Middle School
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    High School
    Putnam Valley High School

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Listed By Anesha Nesbitt
Brokerage: eXp Realty

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