172 Main Street, Philipstown, NY, 10516
$799,000
activeBedrooms
4
Bathrooms
2
Lot Size
4,615 sqft
Year Built
1860
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Strong investment opportunity in the heart of Cold Spring Village. This well-positioned 2-family property offers immediate income with one unit currently occupied by a long-term tenant, providing stable, flexible cash flow with upside potential. The second unit is available for occupancy or leasing, allowing the next owner to optimize rents to market rates and enhance overall return. Each unit is 2 bedrooms and 1 bathroom. The main floor unit has a laundry room and basement access. This corner lot with its prime walk-to-town location, proximity to Metro-North, shops, dining, and the Hudson River, this property benefits from consistently strong rental demand and low vacancy risk. Ideal for investors seeking a value-add opportunity, owner-occupants looking to offset expenses, or portfolio expansion in a high-demand Hudson Valley area.
Listed by Jennifer M. Baukol, Coldwell Banker Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of May 12, 2026, 2:16 PM UTC (date and time MLS GRID Data was obtained). 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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