Mahopac Real Estate Search

Mahopac Multi-Family Properties for Sale

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Newest Mahopac Multi-Family Homes for Sale

$875,000
5 Beds 4 Baths 990295 MLS
ATTENTION: OWNER-OCCUPANTS AND PROPERTY INVESTORS ALIKE! Rarely does a LEGAL THREE-FAMILY PROPERTY offering this level of flexibility, income potential, and future upside become available in Mahopac. Whether you're looking to house-hack and offset your housing expenses by living in one unit while collecting rental income from the others, create a multigenerational living arrangement, or add a strong-performing asset to your investment portfolio, 592 Long Pond Road presents a unique opportunity. Based upon current operations, the property is producing an approximate 6% cap rate with below-market-value rents, offering investors immediate cash flow as well as future upside potential. Situated on a level and easy-to-maintain three-quarter-acre corner lot, this well-maintained compound consists of two separate buildings featuring three legal residential units, a detached two-car garage generating separate rental income, an in-ground swimming pool, private well, two septic systems, ample off-street parking, and additional storage opportunities. The main building contains two spacious two-bedroom apartments, while the detached garage building features a one-bedroom apartment above. Two of the residential units are currently occupied by month-to-month tenants, while one apartment will be delivered vacant, creating a unique opportunity for an owner-occupant or providing the ability to lease the unit at current market rental rates. The property has been well maintained and offers multiple income streams through the residential apartments and separate garage rental. The in-ground swimming pool was fully operational during its last season of use and further enhances the property's long-term appeal and value. Conveniently located near shopping, restaurants, recreation, schools, and major commuter routes, this is a rare opportunity to acquire a LEGAL THREE-FAMILY COMPOUND that successfully combines owner-occupant appeal, investment performance, and future flexibility in one complete package. Let's start the conversation!

592 Long Pond Road, Mahopac

$769,000
1005120 MLS
Located on one of the most active commercial stretches in Mahopac, 544 Route 6 is a mixed-use property combining a substantial commercial space with a residential apartment in the heart of Putnam County. Route 6 at this location carries approximately 17,307 vehicles per day, one of the highest traffic counts in the Mahopac market and a draw that few commercial locations in the area can match. The commercial space totals more than 1,700 square feet across a series of connected rooms running the width of the building, with angled ceilings that add volume and presence to the main showroom and a double entry door, a central section with decorative ceiling tile and a half bath, and a third room with its own street-facing entry off the front sidewalk, giving a new owner real flexibility to configure distinct areas for different business functions. The space is suited for professional offices, medical and wellness practices, retail showrooms, service businesses, studios, and specialty boutiques, and the Route 6 frontage means the business inside benefits from passing traffic every hour of the day. An owner-occupant can operate from the commercial space and live in the apartment above, while an investor can lease both units separately for two independent income streams. Signage on Route 6 puts a business in front of thousands of drivers daily, in a corridor where street presence translates directly into awareness and foot traffic. Street parking is available directly in front of the building, with 3 spaces in the lower lot and 10 or more spaces in the upper rear lot. Parking at this scale is uncommon for Route 6 commercial properties and is a practical advantage for any business that serves walk-in customers, scheduled appointments, or a steady flow of daily visitors. A large storage structure on the property adds room for inventory, equipment, or supplies without the cost of off-site storage. Above the commercial space, a two-level residential apartment offers more than 1,000 square feet of living space with two bedrooms that live like three, hardwood floors throughout, arched doorways, a stone fireplace, an updated bathroom with walk-in shower, and a private deck. The apartment is comfortable and well laid out, suited for an owner-user who wants to live where they work or a landlord looking for residential rental income to help carry the property. 544 Route 6 is located in the Town of Carmel, within easy reach of Lake Mahopac, Putnam Plaza, local schools, restaurants, and the everyday services that make Mahopac one of the most established communities in the Hudson Valley. The Taconic State Parkway is easily accessible, and Metro-North rail service at Croton Falls station connects the area to New York City, making this corridor practical for businesses serving both local residents and commuters. Mixed-use properties on Route 6 in Mahopac with this traffic volume, commercial square footage, residential income component, and on-site parking rarely come to market. 544 Route 6 is available for purchase as an owner-user opportunity, a pure investment, or a combination of both.

544 Route 6, Mahopac

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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.