1 Parker Drive, Mahopac, NY 10541

$1,750,000

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List Price
$1,750,000
Days on Market
14
MLS#
1050053
Number Of Families
6
Status
ACTIVE
Lot Size
29480

Property Description

Calling all investors! An incredible opportunity to own one of the most well maintained 6-unit buildings in Southern Mahopac, just over the Westchester County border. Surrounded by single-family homes on a quiet, walkable street, this property offers a unique residential feel. A peaceful wraparound porch with individual entrances, along with additional private entrances, gives residents the feeling of having their own space. The building features two 1-bedroom units, three 2-bedroom units, and one 3-bedroom unit (with laundry), with each unit also having its own dedicated storage area in the basement and shed access. All six units are currently occupied—no vacancies. The building is home to amazing, TIDY, long-standing working professionals who have consistently taken GREAT care of their space. Rents have intentionally been maintained at fair rates (some below market-value) in recognition of the cleanliness, reliability, and consistency of these excellent long-term tenants, offering an investor incredible and safe stability at the current NOI ($118,907). With operating expenses under $50,000 annually and current rental income of $166,410, this is a fantastic opportunity for an investor looking for a seamless transition into a well-maintained property with great tenants and no immediate repairs needed.

Additional Information

Year Built
1911
Stories
2
School District
Mahopac
Elementary School
Austin Road Elementary School
Middle School
Mahopac Middle School
High School
Mahopac High School
Total Taxes
21188
Heating
Electric
Parking
Common, Off Street, Parking Lot
Parking Spaces
13
Basement
Common, Storage Space
Water
Well
Sewer
Septic Tank
Taxes
$21,188

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Katherine Bellantoni (Kate.Bellantoni@raveis.com) from Listing Office: William Raveis Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.