45 Waterstone Road Greenwood Lake, NY 10925
Listing by: ONEKEY / Terrie Oconnor - Contact:  201-786-9055

  45 Waterstone Road Greenwood Lake, NY 10925

Pending (52 Days)
$640,000 (USD)
3
BED
3
BATH
2,229
SQFT

Description

ATTENTION INVESTORS! Don’t miss out on this incredible multi-family investment opportunity in beautiful Greenwood Lake, NY with four separate income streams including a fully renovated duplex, a large office space and 2-car garage/workshop. Duplex contains an updated 2 BR, 1 bath apt on the main floor with laundry and rear deck, plus a cozy 1 BR, 1 bath apt on the 2nd floor. The purchase also includes the adjacent 2-car garage/workshop with large office on the 2nd floor. Office offers flexible open floor plan for client meetings, 2 private office rms, a kitchenette, half bathroom and balcony. Ideally designed for owner-occupied contractor seeking proper office space immediately above garage/workshop or a mother/daughter scenario. This is a very special, low maintenance property with ample parking in front. Everything has been fully renovated from top to bottom and tastefully executed throughout. New HVAC, mini-splits, electric, plumbing, roofing, siding, windows, doors, deck, carpets/flooring, kitchens, bathrooms, appliances and more. It’s turn-key, move-in ready. Nothing to update, nothing to repair – leave your tools at home! There’s absolutely nothing to do here but start making money!!!! The village welcomes both long- and short-term rentals and this investment property checks all boxes! The pictures do not do this property justice. The apartments are so meticulous that you could eat off the floors! This is prime real estate in a great location within the Village of Greenwood Lake where multi-family investment properties are extremely scarce. Close to everything you need - shops, restaurants, schools, parks, public transportation and best of all – THE LAKE! Walk to Thomas Morahan Waterfront Park to experience the summer concerts or board your boat at a nearby marina. Nearby State Route 17A connects to all the major arteries in under 30 min. such as Route 17, Interstate 287, Interstate 87, Route 6 and Palisades Pkwy. Close to Harriman and Tuxedo train stations. Only 50 miles to NYC. It doesn’t get any better than this. Greenwood Lake is a very special place that has had a massive influx of investors since the onset of Covid. Residents enjoy year-round activities including free summer concerts at the town beach, street fairs, thousands of miles of hiking trails, camping, fishing, power boating, paddle boarding, snow skiing/tubing at nearby Mt. Peter and/or Mt. Creek, lakeside dining, local wineries & apple picking, Renaissance Festival, Apple Festival, Octoberfest, Winter Carnival, & shopping at Woodbury Commons Premium Outlets and much more! Additional details available upon request. Schedule your private tour today!

MLS #:
915837
Taxes
$6,977(2024)
Lot Size
6,000 SQFT
Type
Multifamily
Year Built
1935
Style
Other
Views
None
School District
Warwick Valley
County
Orange County

Listed By

Vincent N. McAteer, Terrie Oconnor, Contact: 201-786-9055
Source
ONEKEY as distributed by MLS Grid
Last checked Nov 16 2025 at 4:37 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Eat-In Kitchen
  • Washer/Dryer Hookup
  • Walk Through Kitchen
  • First Floor Bedroom
  • Ceiling Fan(s)
  • Quartz/Quartzite Counters
  • Recessed Lighting
  • Laundry: Electric Dryer Hookup
  • Laundry: Washer Hookup
  • Laundry: In Kitchen
Lot Information
  • Level
  • Near Public Transit
  • Near School
  • Near Shops
  • Back Yard
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: Block
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Electric
  • Central Air
  • Ductless
  • Zoned
Flooring
  • Carpet
  • Vinyl
  • Ceramic Tile
Utility Information
  • Utilities: Trash Collection Public, Electricity Connected, Natural Gas Connected, Water Connected, Cable Connected
  • Sewer: Septic Tank
School Information
  • Elementary School: Greenwood Lake Elementary School
  • Middle School: Greenwood Lake Middle School
  • High School: Warwick Valley High School
Parking
  • Detached
  • Driveway
Additional Information: Terrie Oconnor | 201-786-9055
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Howard Hanna Rand Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: LISTINGS COURTESY OF ONEKEY MLS AS DISTRIBUTED BY MLSGRID. Based on information submitted to the MLS GRID as of 11/15/25 20:37. 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.