#156324, Ron Steed, Listing Office: Steed Real Estate
Property details
About 20 Church St
This exclusive opportunity features a portfolio of seven properties in Philmont, NY, offering a mix of residential units across various addresses, all within a few block radius. The seller, a seasoned investor, prefers to sell the portfolio as a whole, though individual sales are possible. This portfolio offers an immediate income-generating investment with a projected NOI of $358,022. With a mix of fully renovated units and others primed for upgrades, the portfolio promises both stability and growth potential. Each property has been maintained by the owner, who employs a team of contractors and utilizes DoorLoop for seamless property management. This portfolio offers immediate returns and long-term appreciation in a market with rising property values and increasing demand.Portfolio Highlights:Located in the up-and-coming village of Philmont, NY in the Hudson Valley, attracting both locals and city dwellers.Extensive full renovation of 62 Main Street. This key building features 6 newly renovated units, a fully restored facade, new insulation, replacement of central oil heat with electric heating in each unit, and all new bathrooms.Strong mix of unit sizes--from 1-bedroom units to larger 3-bedroom duplexes--offering a variety of rental options.Low landlord expenses on renovated properties. Recent upgrades, including new HVAC systems and electric heating, reduce operational costs and increase profitability.Transferable management software. The current owner uses the state-of-the-art DoorLoop online system to manage tenants and maintenance, leasing, applications, background checks, and rent collections, which can easily be transferred to new ownership.Opportunities for value-add improvements.
Highlights
Summary
- MLS Number: 154962
- MLS Name: ColumbiaGreene
- Office Name: Houlihan Lawrence Inc.
- Office Phone: (518) 822-0300
- Office Email: cvetter@houlihanlawrence.com
- Listing Agent: Rachel Haley
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Last updated on: 4/9/2025, 4:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,150,000
20 Church St
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Price information
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Nearby schools
5
Webutuck Elementary School
Public District PK-4
4.9 mi
•175 Haight Rd
5
Seymour Smith Intermediate Learning Center
Public District 2-5
7.3 mi
•41 Academy St
7
Undermountain Elementary
Public District PK-6
12.5 mi
•491 Berkshire School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,390. Residents of Claverack, NY typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 20 Church St in Claverack, NY and zip code 12546. Features: 0 bathroom. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $4,150,000.
While more than 0 listings in Claverack, NY in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Claverack, NY decreased by 12.5% between February and March 2025. In March 2025 median list price was $510,000 and the average listing age was 306 days.