See Home Value
Orange 10925
27 Lake Street
$575,000
Multifamily - Off Market

27 Lake Street

Warwick, NY 10925
bedrooms
6 Beds
bathrooms
3 Baths
$3,611
Estimated Monthly
$0
HOA / Fees
17.58%
Cap Rate

About This Property

Looking for a solid investment? Take a look at this unique multi-family property in Greenwood Lake! This sale consists of 3 units - one single family home and a 2 family home with two 2 bedroom units.   The charming single-family home offers 2 sizeable bedrooms plus a den/home office or guest room. This residence boasts a bright spacious living room, the convenience of laundry on the main living level, large deck for entertaining or relaxing and a full basement with plenty of room for storage. Recent upgrades include a new heating system and solar panels both installed within the last 2 years, ensuring energy efficiency and cost savings on your new investment.    The 2-family building offers 2 separate units - one on the upper level and another on the lower level. Each unit consists of 2 bedrooms and 1 full bath, providing comfortable living spaces. Each unit has it's own separate electric meter, allowing tenants to manage their own utility costs. This building has it's own separate driveway with ample space for up to 4 vehicles.    Currently, the 2-family building is fully rented with long-term tenants, providing consistent rental income with room to expand based on current market trends.    Situated within the highly soughtafter town of Warwick, this property is just a stone's throw to the vibrant village of Greenwood Lake, offering an array of shopping, dining, and recreational opportunities. Enjoy the best of the Hudson Valley, from summer activities like fishing and boating in Greenwood Lake to winter adventures on the slopes of nearby Mt Peter, spring and autumn welcome you with vineyards, local fruit farms and activities for all seasons.     This unique property offers the potential to generate mulitiple streams of income, making it a rare find in an area where multifamily properties are sparse and in high demand. Don't miss this chance to invest in a promising real estate venture. Schedule a viewing today and seize this exceptional opportunity before it's gone!
Unit Size
-
Days on Market
234 days
Land Size
0.21 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$591
HOA Dues
-
Year Built
1935
Last updated: 4 days ago (OneKey MLS #ONEH6268019)

Price History

Date / Event Date Event Price
May 2, 2024 Sold $575,000
Sold
Jan 11, 2024 In contract -
In contract
Sep 11, 2023 Listed by Keller Williams Realty $615,000
Listed by Keller Williams Realty

Property Highlights

Parking Details
Total Number of Parking: 4
Parking Features: Driveway
Interior Details

Bathroom Information

Full Bathrooms: 3

Interior Information

Interior Features: First Floor Bedroom, Eat-in Kitchen

Basement Information

Basement: Full, Unfinished


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
2 Beds
2 Baths
-
$450,000 Aug 25, 2022
$450,000 Dec 13, 2022
$549/mo
Multifamily
2 Beds
2 Baths
-
$450,000 Aug 25, 2022
$450,000 Dec 13, 2022
$549/mo
House
3 Beds
2 Baths
-
$575,000 Dec 14, 2023
-
$715/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

27 Lake Trail 27 Lake Trail, Greenwood Lake, NY 10925
  • 1 Unit for Sale
More about this Building
27 Lake Trail
Want to find out who owns 27 Lake Trail, Greenwood Lake, NY 10925? Get detailed property transactions here .

About Orange


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