Don't miss this investment opportunity in the Village of Philmont! With four well-kept, occupied units, this house is conveniently in the center of town & generates a solid income. Unlike many local multifamilies, this property was built to be an apartment house--so that all the apartments enjoy a superior, uncompromised layout. All apartments have minisplits for heating and cooling. The kitchens have all been upgraded with dishwasher and large pantry spaces. A garage is available for tenants. The property features new decking and a coin-op laundry in the basement. Plenty of additional storage place is also available in the basement. The property is set back from the street and includes mature trees plus a two car garage and a studio space. Philmont is emerging as the affordable alternative to Hudson, which is just ten minutes away. The charming village is attracting a diverse population as its amenities increase; including the Hawthorne Valley Farm store and School just minutes away; the welcoming Food Coop on Main St, the High Falls Conservation area; and the exciting Summit Mills development project for artists and culinary endeavors. The Harlem Valley Rail Trail is slated to open in the near future. The owners have done many upgrades, giving the buyer a turnkey investment. This investment opportunity yields a solid 8 cap return for the investor.
