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5,870 sqft

$1,400,000

174-176 Myrtle Avenue, Mahopac NY, 10512

Price per sqft$238.50
Built in1930
Property size5,870 sqft
Property typeCommercial
Courtesy of Compass Greater NY, LLC, Patricia A. Wagner Listing Contact: 914-214-8922

Overview

Active

Listed Sep 22, 2026

Updated 13 days ago

INVESTORS TAKE NOTICE! Rare opportunity to own a six-unit multifamily property consisting of two separate buildings, offering approximately 5,870 square feet on .44 acres with parking for approximately 15 cars. With five of the six apartments updated, this property offers an exceptional combination of current income, attractive unit mix, and long-term investment potential. The two-building configuration includes four apartments at 174 Myrtle Avenue and two apartments at 176 Myrtle Avenue, providing flexibility and diversification within one investment. The unit mix includes two-, three-, and four-bedroom apartments, appealing to a broad range of tenants. With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.

Additional information

MLS® ID
1040196

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.44 Acres

Other Property Details

Taxes
$16,891
Tax Frequency
Annually
Maintenance Expense
$3,000

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Nancy Kennedy Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:13 AM UTC on 9/19/2026. 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.

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