Davala Real Estate, LLC
Listed by Davala Real Estate, LLC
$285,000
52 Main Street
Details
APN 6
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,566
Units 2
NOI $27,377
Year Built 1894
Acreage 0.210
Zoning 2 family
Multifamily | 2 Units
Marketing description
52 Main St, Philmont, NY Investment Opportunity with Mountain Views & Positive Cash Flow
Turnkey two-unit property in the heart of the Village of Philmont offering immediate positive cash flow and strong rental appeal. Each unit features 2 bedrooms and 1 full bath, updated interiors, and desirable outdoor living spaces including a private porch and balcony for each apartment. Apartment Two boasts sweeping Catskill Mountain views, capturing the full mountain range and creating a standout feature tenants love.
Both units are currently rented, providing instant income for investors seeking stability from day one. Situated as one of the last row houses in the village, this property blends historic charm with practical updates and village convenience.
Whether you're expanding your portfolio or entering the investment market, this income-producing property checks all the boxes. Positive cash flow. Two 2BR/1BA units. Private porch (apt 1) & balcony (apt 2) for each unit. Catskill Mountain range views. Both units currently rented. Village of Philmont location.
Solid numbers, strong tenant appeal, and interior and exterior updates complete. This property is truly a worry free investment purchase. Offering a dedicated off road driveway with public water & sewer.
Invest, live and love the Village of Philmont.
Listing Contacts
Davala Real Estate, LLC
Listed by Davala Real Estate, LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,377.00
$2,281.42/mo
Valuation Metrics
0
DSCR
9.61%
Cap Rate
9.61%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
