New ListingINVESTORS TAKE NOTICE! Rare opportunity to own a six-unit multifamily property consisting of two separate buildings, offering approximately 5,870 square feet on .44 acres with parking for approximately 15 cars. With five of the six apartments updated, this property offers an exceptional combination of current income, attractive unit mix, and long-term investment potential. The two-building configuration includes four apartments at 174 Myrtle Avenue and two apartments at 176 Myrtle Avenue, providing flexibility and diversification within one investment. The unit mix includes two-, three-, and four-bedroom apartments, appealing to a broad range of tenants. With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.
| MLS # | 1040196 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 6 |
| Listing Provided By | Compass Greater NY, LLC | Patricia A. Wagner |
| SQ Feet | 5,870 |
|---|---|
| Basement | Y |
| Units | 6 |
| Building(s) | 2 |
| Zoning | R |
| Acreage | 0.45 |
| Cooling | None |
|---|---|
| Heating | Hot Water, Oil |
| Appliances | Electric Oven, Refrigerator |
| Construction Materials | Frame |
|---|
| Parking Features | Common, Parking Lot |
|---|
| Utilities | See Remarks |
|---|---|
| Sewer | Septic Tank |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 603300 |
| Tax Annual Amount | 16890.72 |
| State | NY |
|---|---|
| County | Putnam County |
| City | Mahopac |
| Zip Code | 10512 |
| School District | Mahopac High School |
| Elementary School | Lakeview Elementary School |
| High School | Mahopac High School |
| Listing VS Median (in 10512) | |
Price: $1,400,000 low | high Med: $525,000 sqft: 5,870 low | high Med: 1,910 $ / sqft: $239 low | high Med: $275 On site: 6 low | high Med: 0 | |
| State | NY |
|---|---|
| County | Putnam County |
| City | Mahopac |
| Zip Code | 10512 |
| School District | Mahopac High School |
| Elementary School | Lakeview Elementary School |
| High School | Mahopac High School |
| Listing VS Median (in 10512) | |
Price: $1,400,000 low | high Med: $525,000 sqft: 5,870 low | high Med: 1,910 $ / sqft: $239 low | high Med: $275 On site: 6 low | high Med: 0 | |