Nestled in the Village of Nelsonville, Philipstown, NY, this private two-family home, built in 2005, offers comfortable and independent living for each unit. Both units boast hardwood floors, separate furnaces, central air conditioning and laundry. Each side includes two bedrooms, one and a half bathrooms, plus a private back deck and yard. The property provides off-street parking for four vehicles and is just a short walk from Cold Spring village, the train station, local restaurants, an ice cream parlor, a pizza spot, and more. Located within the Haldane School District and connected to municipal water.
Welcome to this income generating Duplex, located in the heart of Cold Spring NY! This location is very much in demand for its accessibility to metro north (giving you quick access into NYC), its walkability to many great restaurants, and the towns beautiful Hudson River scenery. This property is profitable, total current monthly income is $5700 a month, with opportunity to increase rents further to reach market value. Each unit has its own electric meter. Currently one unit is a 3-bedroom on a lease and the second unit is used as a 1-bedroom Airbnb. Property provides each unit with access to the backyard for relaxation, along with access to on-street/off-street parking and a shed. Front of the property also provides tenants with a porch for each unit. Beautiful hardwood floors are throughout each unit's interior. It is rare that multifamily properties go on sale in this area, take advantage of this opportunity to invest in the Cold Spring real estate market today!
The median home value in Cold Spring, NY is $599,000. 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 Cold Spring, NY is $599,000. Approximately 57.6% of Cold Spring homes are owned, compared to 34.33% rented, while 8.07% are vacant. Cold Spring 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 Cold Spring real estate agent to arrange a tour today!
Cold Spring, New York has a population of 1,915. Cold Spring is less family-centric than the surrounding county with 30.14% of the households containing married families with children. The county average for households married with children is 33.97%.
The median household income in Cold Spring, New York is $117,292. 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 Cold Spring is 41.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 46.9 inches per year, with 36.8 inches of snow per year.