James Q. Collins

142 Main Street, Philmont, NY 12565

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Property Description

142 Main Street, Philmont, NY 12565Fully Rented 4-Unit Investment OpportunityTurn-key multi-family property in the heart of Philmont featuring four fully rented units with strong rental income and diverse layouts. Ideal for investors seeking immediate cash flow in a centrally located village setting.This building offers:Unit 1 (1st Floor): 2 Bedrooms, 1 Bath Approx. 800 sq ft. Unit 2 (2nd Floor): 2 Bedrooms, 1 Bath Approx. 800 sq ft. Unit 3 (Townhouse Style): Spanning first & second floors with private basement space and in-unit washer/dryer Approx. 900 sq ft.Unit 4 (2nd Floor Rear): 1 Bedroom, 1 Bath Approx. 500 sq ft.All units are currently leased, offering immediate income from day one. The mix of two-bedroom layouts and an efficient one-bedroom unit provides strong tenant appeal. Unit 3s multi-level design and private basement area add flexibility and value.Conveniently located near local shops, dining, and village amenities with easy access to major routes including the TSP. 15 minutes to Amtrak. A solid addition to any investment portfolio with established rental history and upside potential.

142 Main Street | MLS# 20260687

This multi-family property located at 142 Main Street, Philmont, NY 12565 is currently listed for sale with an asking price of $440,000. Main Street is located within the Taconic Hills Central Schools school district. Search Philmont real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electric, Propane, Oil
Heating: Baseboard, Electric, Hot Water, Oil, Propane
Home Style: Farmhouse
Lot Size: 0.50 Acres
Roof Type: Shingle
Taxes: $3,390

Feature Descriptions

Appliances: Other, Refrigerator, Electric Range, Dishwasher
Community Features: Fishing, Lake, Park, Restaurant, Sidewalks
Days on Site: 11
Flooring: Carpet, Laminate, Vinyl
Laundry: Electric Dryer Hookup, In Unit, Washer Hookup, See Remarks
Lot: Front Yard, Sloped
Parcel #: 3-64
Parking: Parking Lot, Driveway
Patio/Porch: Covered, Front Porch, Porch, Rear Porch
Road Frontage: State Road
Road Surface: Asphalt
Sewer: Public Sewer
SQFT Total: 2840
Tenant Pays: All Utilities
Units: 4
Water: Public

Local Schools

School District: Taconic Hills Central Schools

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Estimated Payment

$ 1,390.08 per month $979.25 Principal & Interest $282.50 Property Tax $128.33 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Davala Real Estate, LLC

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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