Don't miss this opportunity to own a four-unit income-producing investment property on a 42.73 acre country estate in Putnam Valley! Four homes are located within a serene setting with a pond. Reside in one of the four homes and lease the other three! The 42-acre property has potential to be sub-divided! The property is located within a R-3 zone, low density residence district. The main home, 745B, is vacant and gutted due to a 2017 fire. Customize the home to your own liking with the opportunity to renovate from the ground up! The original bones remain with hardwood floors throughout, two fireplaces, and a wood burning stove! All figures reflect a "Upon completion of repairs" estimate employing a hypothetical condition that 745B has been rehabilitated for residential use, with current market value and accurately reflected expenses. TWO minutes to the taconic state parkway. One hour to NYC. 10 minutes to shops. Putnam Valley Central School District.
Listing Agent: Patti Behen
Courtesy of: Coldwell Banker Residential Brokerage - Katonah, New York Office
Office Phone: (914) 232-7000
Updated: 21st February, 2018 8:25 AM.
745 Peekskill Hollow Road Putnam Valley, NY