NOT LISTED FOR SALE

27 Lake Trail Greenwood Lake, NY 10925

6 Beds
3 Baths
2,246 Sq Ft
8,999 Sq Ft Lot

Last Sold May 02, 2024

Last sale price $575,000 $256 Per Sq Ft

120 Days on Market

Highlights

  • Deck
  • 2-Story Property
  • Corner Lot
  • Greenwood Lake Elementary School Rated A-
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of May 2024

Looking for a solid investment? Take a look at this unique multi-family property in Greenwood Lake! This sale consists of 3 units - one single family home and a 2 family home with two 2 bedroom units. The charming single-family home offers 2 sizeable bedrooms plus a den/home office or guest room. This residence boasts a bright spacious living room, the convenience of laundry on the main living level, large deck for entertaining or relaxing and a full basement with plenty of room for storage. Recent upgrades include a new heating system and solar panels both installed within the last 2 years, ensuring energy efficiency and cost savings on your new investment. The 2-family building offers 2 separate units - one on the upper level and another on the lower level. Each unit consists of 2 bedrooms and 1 full bath, providing comfortable living spaces. Each unit has it's own separate electric meter, allowing tenants to manage their own utility costs. This building has it's own separate driveway with ample space for up to 4 vehicles. Currently, the 2-family building is fully rented with long-term tenants, providing consistent rental income with room to expand based on current market trends. Situated within the highly soughtafter town of Warwick, this property is just a stone's throw to the vibrant village of Greenwood Lake, offering an array of shopping, dining, and recreational opportunities. Enjoy the best of the Hudson Valley, from summer activities like fishing and boating in Greenwood Lake to winter adventures on the slopes of nearby Mt Peter, spring and autumn welcome you with vineyards, local fruit farms and activities for all seasons. This unique property offers the potential to generate mulitiple streams of income, making it a rare find in an area where multifamily properties are sparse and in high demand. Don't miss this chance to invest in a promising real estate venture. Schedule a viewing today and seize this exceptional opportunity before it's gone!

Last Agent to Sell the Property

Melinda White

Keller Williams Realty Brokerage Phone: (845) 313-6380 License #10301219669 Listed on: 09/12/2023

Keller Williams Realty

Last Buyer's Agent

Kimberly Lozano Yupa

Keller Williams Hudson Valley License #10401334683

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 8,999 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 2-Story Property
  • Frame Construction

Interior Spaces

  • 2,246 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Deck

Schools

  • Greenwood Lake Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 335489-067-000-0010-002.000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,091

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Ranch, Two Story
  • Property SubType: Multi Family
  • Year Built: 1950
  • Year Built Effective: 2021
  • Attribution Contact: (845) 313-6380
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2246
  • SquareFootage: 2246.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame
  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Gravity
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Other
  • Hot Water: Electric Stand Alone,Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8999
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 335489-067-000-0010-002.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 7091
  • Tax Map Number: 335489-067-000-0010-002.000-0000

MLS Schools

  • Elementary School: Greenwood Lake Elementary School
  • High School: Call Listing Agent
  • Middle School District: Greenwood Lake

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $575,000 -6.5% $256 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
11/03/2023 11/03/23 Price Changed $615,000 -5.4% $274 / Sq Ft
09/12/2023 09/12/23 For Sale $650,000 -- $289 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6268019

OneKey® MLS