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!
Mahopac is located in New York. Mahopac, New York has a population of 8,742. Mahopac is less family-centric than the surrounding county with 32.69% of the households containing married families with children. The county average for households married with children is 35.86%.
The median household income in Mahopac, New York is $87,594. The median household income for the surrounding county is $99,608 compared to the national median of $57,652. The median age of people living in Mahopac is 42.2 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 49.8 inches per year, with 41 inches of snow per year.