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About This Home

This 0-bedroom, 0-bathroom residential multi family at 53 Main Street in Lloyd, NY is listed for $529,000. Built in 1900, on a 0.12 acres lot.

Agent Description

Some properties ask you to be patient. This one puts money in your pocket from closing day. Fully occupied and cash flowing, this commercial-residential multi-family sits on Main Street in the heart of Highland, steps from the Walkway Over the Hudson, one of the most visited destinations in the entire Hudson Valley.

Two tenanted units. Month-to-month leases. Current rents below market value. A new owner inherits immediate income with a clear and near-term path to increased returns, no waiting, no buildout, no guesswork. The lower unit offers 3 bedrooms, 2 full baths, a private primary suite with deck access overlooking a secluded backyard, wood-burning fireplace, custom kitchen with stainless appliances, and a full unfinished basement.

The upper unit delivers 5 generously sized bedrooms, 2 baths, stunning pine paneled walls throughout, an eat-in kitchen with island and wall oven, wood-burning fireplace, and a private deck with sweeping views of the Walkway Over the Hudson. Oak hardwood floors run through both units.

The upside does not stop at rent. Both tenants are on month-to-month leases, and the seller is prepared to deliver the property vacant or with tenants in place; the choice belongs to the new owner. For the investor who wants stabilized income from day one, it is there.

For the buyer with a conversion, renovation, or repositioning plan, vacant possession is available. Zoned commercial-residential with potential to convert to a 3-unit configuration subject to minor modification and town approval, this property offers a second chapter for the investor with vision. Solid mechanicals throughout. Main Street Highland. Walkway corridor. Income-producing. Conversion potential.

Key Features

  • Built in 1900
  • 0.12 acre lot
  • Fireplace

Property Details

1900

Amenities

FireplaceA/C

Monthly Cost Estimate

$2,829/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,292
Insurance$154

Estimates only. Actual payments may vary.

Location

53 Main Street

Lloyd, NY 12528

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathCeiling Fan(s)Eat-in KitchenEntrance FoyerFormal DiningHigh CeilingsPantryPrimary BathroomMaster DownstairsStorage

Property Details

Construction

Frame

Parking

DrivewayGarageOff Street

Heating

Hot Water(Heating)

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 53 Main Street is listed at $529,000. The estimated monthly payment is $2,292 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.12 acre lot, Fireplace. Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s).

This property is listed by Amy McArdle and can be reached at 3474171109 or amcardle@stevensre.com.

AM

Amy McArdle

Agent at eXp Realty

(347) 417-1109

Listed by eXp Realty · View on Broker Site

MLS# 1006412· Source: listhub· Updated 2 days ago

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53 Main Street, Lloyd, NY 12528

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