New Listing
Listed by J. Philip Faranda of Howard Hanna Rand Realty (914-328-0333)
Great Putnam Lake investment opportunity and rare multi family in Patterson! Bring your vision to this property located on a generous third of an acre lot. This property offers excellent potential for investors, contractors, or buyers looking for an opportunity to create something of their own. The main residence features three bedrooms and one full bath. The first level includes two bedrooms, while the second level offers a large third bedroom, along with a kitchen and fireplace. The home also includes a full, unfinished walk-out basement with Bilco doors, providing additional flexible space. The second unit offers one bedroom and one full bath, its own kitchen, and a separate basement area. The unit is currently leased through April 2027, generating $1,500 per month in rental income. This setup could also make the property an appealing starter-home opportunity, allowing an owner to live in the main residence while collecting rental income from the second unit. A large driveway can easily accommodate 3 cars, providing convenient off-street parking for residents and guests. Some updates are needed but priced to reflect the condition, and the possibilities are here. With two existing living units, separate kitchens, rental income, generous land, ample parking, and a desirable layout, this property offers a rare opportunity to unlock substantial potential. Sold as-is. Bring your contractor, architect, and imagination and explore what this property can become!

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 21, 2026 11:52 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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