Price Reduced 10.20%


Price History

$2,450,000
9/25/2024

$2,200,000
10/24/2024


177 E Lake Boulevard, Mahopac, NY, 10541

177 E Lake Boulevard, Mahopac, NY, 10541

1955

A great opportunity to own a strong rent roll for the rest of your life! This incredible rental property consists of a 7-unit multi-family house featuring 7 one-bedroom apartments and a separate 3-bedroom cottage. The majority of the rent is paid through the Government Section 8 program, ensuring prompt payments directly into your account. The property is conveniently located near town amenities such as restaurants, library, parks, 50-mile bike path and public transportation. This building formerly known as the "Mayflower Hotel" sits gracefully on a level .8 ACRES of lush lawns and trees with a beautiful front entrance featuring an ornamental stone fireplace. Just listed!


Status:

Active

Type:

Commercial

Units:

8

Heating:

Electric, Baseboard

Cooling:

Wall/Window Unit(s)

Basement:

Bilco Door(s), Unfinished

Levels:

2

Parking:

9-car, Driveway, Parking Lot

Acreage:

0.81

Est. Taxes:

$22,989

Assessment

$705,800

Construction

Blown-In Insulation

Utilities

Trash Collection Public, Cable Available

Lot Description:

Near Public Transit, Near School, Near Shops, Level, Part Wooded

Elementary School:

Lakeview Elementary School

Middle School:

Mahopac Middle School

High School:

Mahopac High School

School District:

Mahopac

Days on Market:

82

MLS #:

H6325743


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Exprop Real Estate 845-628-0566