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Celinda Iaboni

celinda.joinreal@gmail.com +1(631) 786-9603

$ 875,000

Est. payment | -/mo

5 Beds

4 Baths

0.74 Acres Lot

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$ 875,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

0.74 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 990295

Style Mini Estate

Bedrooms 5

Full Baths 4

Rental Info No

Year Built 1955

Annual Tax Amount $17,320

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Triplex

Source onekey2

Property Description

ATTENTION: OWNER-OCCUPANTS AND PROPERTY INVESTORS ALIKE! Rarely does a LEGAL THREE-FAMILY PROPERTY offering this level of flexibility, income potential, and future upside become available in Mahopac. Whether you're looking to house-hack and offset your housing expenses by living in one unit while collecting rental income from the others, create a multigenerational living arrangement, or add a strong-performing asset to your investment portfolio, 592 Long Pond Road presents a unique opportunity. Based upon current operations, the property is producing an approximate 6% cap rate with below-market-value rents, offering investors immediate cash flow as well as future upside potential.
Situated on a level and easy-to-maintain three-quarter-acre corner lot, this well-maintained compound consists of two separate buildings featuring three legal residential units, a detached two-car garage generating separate rental income, an in-ground swimming pool, private well, two septic systems, ample off-street parking, and additional storage opportunities.
The main building contains two spacious two-bedroom apartments, while the detached garage building features a one-bedroom apartment above. Two of the residential units are currently occupied by month-to-month tenants, while one apartment will be delivered vacant, creating a unique opportunity for an owner-occupant or providing the ability to lease the unit at current market rental rates.
The property has been well maintained and offers multiple income streams through the residential apartments and separate garage rental. The in-ground swimming pool was fully operational during its last season of use and further enhances the property's long-term appeal and value.
Conveniently located near shopping, restaurants, recreation, schools, and major commuter routes, this is a rare opportunity to acquire a LEGAL THREE-FAMILY COMPOUND that successfully combines owner-occupant appeal, investment performance, and future flexibility in one complete package.
Let's start the conversation!

Location

State NY

County Putnam County

Rooms

Basement Crawl Space

Interior

Interior Features Open Floorplan

Heating Oil

Cooling None

Flooring Carpet, Combination, Laminate, Tile, Wood

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Detached, Driveway, Garage, Off Street, Parking Lot

Garage Spaces 2.0

Pool In Ground

Utilities Available Electricity Connected

Total Parking Spaces 10

Garage true

Private Pool Yes

Building

Sewer Septic Tank

Water Well

Structure Type Frame

Schools

Elementary Schools Austin Road Elementary School

Middle Schools Mahopac Middle School

High Schools Mahopac

School District Mahopac

Others

Senior Community No

Special Listing Condition None

Virtual Tour https://tours.hometourvision.com/x3009272

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Giner Real Estate Inc. • Michael A. Tarallo

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

592 Long Pond RD Mahopac, NY 10541

Celinda Iaboni

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

592 Long Pond RD