$575,000
●
Multifamily -
Off Market
27 Lake Street
Warwick, NY 10925
6 Beds
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
Exterior Details
Property Information
Square Footage : 2246
Architectual Style: Ranch, Two Story
Property Type: Residential Income
Property Sub Type: Multi Family
Year Built: 1950
Year Built Effective: 2021
Building Information
Building Area Units: Square Feet
Construction Methods: Frame
Lot Information
Lot Features: Corner Lot
Lot Size Acres: 0.21
Lot Size Square Feet: 8999
Land Information
Water Source: Well
Water Source: Electric Stand Alone, Gas Stand Alone
Financial Details
Tax Annual Amount: $7,091
Utilities Details
Cooling: None
Heating: Natural Gas, Baseboard, Gravity
Sewer : Septic Tank
Location Details
Directions: Lakes Rd to Old Dutch Hollow / Old Tuxedo Rd to Lake St (corner of Melissa Ln & Lake St.)
County or Parish: Orange
Other Details
Selling Agency Compensation: 2%
On Market Date: 2023-09-11
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|