20 Melnick Place, Lake Peekskill, NY 10537

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List Price
$549,000
Days on Market
42
MLS#
999121
Status
PENDING
Property Type
Duplex
Year Built
1950
Property Tax
$13,046
Neighborhood
Lake Peekskill
School District
Putnam Valley
High School
Putnam Valley High School
Jr. High
Putnam Valley Middle School
Elementary School
Putnam Valley Elementary School

Property Description

Rare opportunity to own a turn key legal two-family home in the highly sought-after Putnam Valley School District! Whether you’re an investor looking for strong cash flow or an owner-occupant hoping to offset your mortgage with rental income, this property offers exceptional flexibility and value. Currently generating approximately $5,000 per month in rental income, this is a unique investment opportunity in an area where legal two-family homes are rarely available. Both 1 bedroom units have been completely renovated and lives like a 2-bedroom, 1-bath apartment with updated finishes throughout. The property features plenty of off-street parking, a large backyard, and the added privacy of having no neighbors directly behind the home. Enjoy lake rights to beautiful Lake Peekskill while being conveniently located near shopping, parks, and commuter routes. Whether you are looking to expand your portfolio or create the perfect owner-occupied setup, 20 Melnick Place offers an incredible combination of income potential, privacy, and location within the desirable Putnam Valley School District.

Additional Information

Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.18
Parking
Driveway
Basement
Unfinished
Heating
Electric
Cooling
Varies by Unit
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Justin Tompkins (justin@tompkinsexcavating.com) from Listing Office: Tompkins Realty.

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.