Exceptional 3-Unit Investment Property in the Heart of Cold SpringRare opportunity to own a well-maintained three-unit residential rental property on a side street in the charming Village of Cold Spring. This income-producing building features three spacious two-bedroom apartments, each with separate electric meters, electric heat, and electric hot wateroffering convenience and simplified management. Each apartment includes a generous eat-in kitchen, comfortable living room, and in-unit washer/dryers. The top-floor unit also features a dishwasher. The property is currently fully furnished and may be acquired furnished or unfurnished, creating flexible rental options for owners or tenants. Additional value-and opportunities include a large attic with approximately 7-foot ceilingsideal for storage, studio, or office useas well as a full basement for additional storage needs. Residents enjoy an unbeatable location close to Cold Spring’s celebrated shops, restaurants, hiking trails, and convenient access to the Metro-North Railroad for an easy commute to New York City. Apartment HighlightsFirst Floor: Tranquil and cozy layout featuring a spacious primary bedroom, inviting eat-in kitchen, and a front porch perfect for morning coffee or evening relaxation. Second Floor: Unique New Orleans-style outdoor veranda, a rare in Cold Spring, plus abundant natural light, spacious eat-in kitchen, and peaceful bedrooms. Third Floor: Perched high above the village, this airy apartment feels private and serene with sunny interiors and charming peek-a-boo views of the Hudson River. A distinctive multi-family property in one of the Hudson Valley’s most desirable river towns. Ideal for investors, owner-occupants, or those seeking a flexible live/work opportunity.
| MLS # | 988763 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 124 |
| Listing Provided By | Houlihan Lawrence Inc. | William R. Pugh |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,400 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.03 |
| Cooling | Multi Units |
|---|---|
| Heating | Electric |
| Interior Features | Eat-in Kitchen |
| Construction Materials | Unknown |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Common |
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 198000 |
| Tax Annual Amount | 13749.53 |
| State | NY |
|---|---|
| County | Putnam County |
| City | Cold Spring |
| Zip Code | 10516 |
| School District | Haldane High School |
| Elementary School | Haldane Elementary/Middle School |
| High School | Haldane High School |
| Listing VS Median (in 10516) | |
Price: $1,325,000 low | high Med: $670,000 sqft: 2,400 low | high Med: 1,924 $ / sqft: $552 low | high Med: $350 On site: 124 low | high Med: 88 | |
| State | NY |
|---|---|
| County | Putnam County |
| City | Cold Spring |
| Zip Code | 10516 |
| School District | Haldane High School |
| Elementary School | Haldane Elementary/Middle School |
| High School | Haldane High School |
| Listing VS Median (in 10516) | |
Price: $1,325,000 low | high Med: $670,000 sqft: 2,400 low | high Med: 1,924 $ / sqft: $552 low | high Med: $350 On site: 124 low | high Med: 88 | |