A great opportunity to own a strong rent roll for the rest of your life! This incredible rental property consists of a 7-unit multi-family house featuring 7 one-bedroom apartments and a separate 3-bedroom cottage. The majority of the rent is paid through the Government Section 8 program, ensuring prompt payments directly into your account. The property is conveniently located near town amenities such as restaurants, library, parks, 50-mile bike path and public transportation. This building formerly known as the "Mayflower Hotel" sits gracefully on a level .8 ACRES of lush lawns and trees with a beautiful front entrance featuring an ornamental stone fireplace. Just listed!
The median home value in Mahopac, NY is $630,000. This is higher than the county median home value of $471,000. The national median home value is $338,100. The average price of homes sold in Mahopac, NY is $630,000. Approximately 69.69% of Mahopac homes are owned, compared to 20.61% rented, while 9.7% are vacant. Mahopac real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mahopac real estate agent to arrange a tour today!
Mahopac, New York has a population of 8,573. Mahopac is more family-centric than the surrounding county with 33.99% of the households containing married families with children. The county average for households married with children is 33.97%.
The median household income in Mahopac, New York is $108,955. The median household income for the surrounding county is $111,617 compared to the national median of $69,021. The median age of people living in Mahopac is 45.1 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 51.4 inches per year, with 43.7 inches of snow per year.