263 Riley Road, New Windsor, NY 12553

Property Description

Back on the market!! Great investment opportunity: live in one unit and rent out the other! Set back off the road on 1.3 private acres, this two-family property offers strong income potential with separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 10-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy. The lower unit offers a front entrance with additional storage. Tenants are responsible for paying their own utilities, and there is municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. There is a spacious detached finished garage that includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or an additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth. Minutes to shopping, Train station, Airport, bus, and Casino.