1160 State Route 17a new

Greenwood Lake,NY 10925

$ 599000

4 Beds

2 Baths

1620 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $369

MLS Listing ID KEY834366

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board onekey2

Rental Info No

Year Built 1940

Annual Tax Amount $4,680

Property Sub-Type Single Family Residence

Property Description

Unique Investment Opportunity at Greenwood Lake

In today's competitive real estate market, finding a property that balances both lifestyle and investment potential can be a challenge. However, nestled along the serene shores of Greenwood Lake lies a unique opportunity: a fully renovated two-family home that not only promises comfort and modern living but also presents a lucrative investment avenue.

This remarkable property features two modern units, each boasting 2 spacious bedrooms and a stylish bathroom. The thoughtful renovations ensure that each unit is not only aesthetically pleasing but also functional, catering to the needs of families or groups looking for a relaxing getaway. The allure of lakeside living is further enhanced by a private dock, offering exclusive access to the water. This feature invites you to bring your boat and fully immerse yourself in the joys of lake life, whether it's fishing, swimming, or simply enjoying a beautiful sunset on the water.

One of the most compelling aspects of this property is its potential for short-term rentals, such as through platforms like Airbnb. The high demand for vacation rentals in this sought-after location makes it an ideal choice for investors. With tourists and visitors flocking to Greenwood Lake year-round, the potential for excellent returns on investment is clear. Moreover, an income potential report for Airbnb rentals is available upon request, providing you with valuable insights to help you make an informed decision.

Beyond its financial appeal, the location itself adds significant value. Greenwood Lake is renowned for its natural beauty, offering stunning views and a tranquil atmosphere that attracts both locals and tourists alike. The blend of picturesque surroundings and convenient access to local amenities ensures strong rental demand and long-term value growth for the property.

Investing in this exceptional property means more than just acquiring a home; it's about embracing a lifestyle that offers financial rewards while providing a peaceful retreat from the hustle and bustle of everyday life. It's an opportunity to create lasting memories by the lake while enhancing your investment portfolio.

This two-family home at Greenwood Lake represents a rare chance to invest in a property that harmonizes financial potential with the tranquility of waterfront living. Don't miss out on this incredible opportunity, seize the chance to make this unique investment yours and enjoy the best of both worlds.

Location

State NY

County Orange County

Rooms

Basement None

Interior

Interior Features Master Downstairs,Eat-in Kitchen

Heating Natural Gas,Forced Air

Cooling None

Flooring Hardwood

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Dock

Parking Features Driveway

Pool Community

Utilities Available Trash Collection Private

Amenities Available Park

Waterfront Description Lake Privileges,Lake Front,Water Access,Waterfront

View Water

Garage false

Building

Lot Description Near Public Transit,Near School,Near Shops,Views

Sewer Septic Tank

Water Public

Structure Type Frame

Schools

Elementary Schools Greenwood Lake Elementary School

Middle Schools Greenwood Lake Middle School

High Schools Warwick Valley High School

School District Greenwood Lake

Others

Senior Community No

Special Listing Condition None

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