Dan Smalley
Licensed Real Estate Salesperson
REALTOR®
MLS#1040196
STATUSActive
PROPERTY TYPECommercial -
SCHOOLMahopac
Property Description
INVESTORS TAKE NOTICE! Rare opportunity to own a six-unit multifamily property consisting of two separate buildings, offering approximately 5,870 square feet on .44 acres with parking for approximately 15 cars. With five of the six apartments updated, this property offers an exceptional combination of current income, attractive unit mix, and long-term investment potential. The two-building configuration includes four apartments at 174 Myrtle Avenue and two apartments at 176 Myrtle Avenue, providing flexibility and diversification within one investment. The unit mix includes two-, three-, and four-bedroom apartments, appealing to a broad range of tenants. With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.
Property Features
Property Type: Commercial -
Basement: Crawl Space
Cooling: None
Heating: Hot Water, Oil
Home Style: Flats
Lot Size: 0.44 Acres
Taxes: $16,890
Year Built: 1930
Feature Descriptions
Appliances: Electric Oven, Refrigerator
Building Area Total: 5870
Days on Site: 8
Exterior: Frame
Flooring: Carpet, Hardwood, Laminate, Other
Fuel Expense: 11520
Heating Zones: 6
Included In Taxes: Trash, Water
Maintenance Expense: 3000
Maintenance Expense: 3000
On Market Date: 2026-09-22
Parcel Number: 372000-075-010-0002-021-000-0000
Parking Features: Common, Parking Lot
Parking Total: 15
Property Attached Y/N: 1
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Sewer: Septic Tank
Tenant Pays: Electricity
Units: 6
Utilities: See Remarks
Water: Well
Local Schools
High School: Mahopac High School
Middle School: Mahopac Middle School
Elementary School: Lakeview Elementary School
School District: Mahopac
Listed By / Shown By
Listing By
Agency Name: Compass Greater NY, LLC
Agency Contact: 914-214-8922
Shown By
Agent Name: Dan Smalley
Agent Phone: Cell: (631) 469-8957
Agency Title: Coldwell Banker American Homes
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174-176 Myrtle Avenue | MLS# 1040196
This commercial property located at 174-176 Myrtle Avenue, Mahopac, NY 10512 is currently listed for sale with an asking price of $1,400,000. 174-176 Myrtle Avenue is located within the Mahopac school district. Search Mahopac real estate on www.dansmalleyrealtor.com today.