177 E Lake Boulevard, Mahopac NY 10541

$2,200,000

177 E Lake Boulevard, Mahopac, NY 10541

bedrooms

bathrooms

square feet

6,117

Acreage

0.8079

Open Houses

year built

1925

Full Baths

Half Baths

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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. Currently the rent roll is $247,452. (Note: The cottage is being renovated, and the rent roll will be increased).

Location
Subdivision	-
County	Putnam County
Elementary School	Lakeview Elementary School
Middle School	Mahopac Middle School
High School	Mahopac High School

Driving directions

Open houses

None scheduled.

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MLS number: H6325743

Listing agent: Gary Margolis #31MA0149997

Listing broker: Exprop Real Estate, Inc. (845) 628-0566

Last update: Friday, March 7 2025 at 10:20 p.m. EST

Kotohomes National