20 Melnick Place, Lake Peekskill, NY 10537
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
20 Melnick Place,Lake Peekskill, NY 10537
$549,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: justin tompkins
Office: tompkins realty
MLS#:999121
Source:OneKey MLS
Price summary
- Price:$549,000
About this home
Rare opportunity to own a turn key legal two-family home in the highly sought-after Putnam Valley School District! Whether you’re an investor looking for strong cash flow or an owner-occupant hoping to offset your mortgage with rental income, this property offers exceptional flexibility and value. Currently generating approximately $5,000 per month in rental income, this is a unique investment opportunity in an area where legal two-family homes are rarely available.
Both 1 bedroom units have been completely renovated and lives like a 2-bedroom, 1-bath apartment with updated finishes throughout. The property features plenty of off-street parking, a large backyard, and the added privacy of having no neighbors directly behind the home.
Enjoy lake rights to beautiful Lake Peekskill while being conveniently located near shopping, parks, and commuter routes. Whether you are looking to expand your portfolio or create the perfect owner-occupied setup, 20 Melnick Place offers an incredible combination of income potential, privacy, and location within the desirable Putnam Valley School District....
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Home facts
- Year built:1950
- Listing ID #:999121
- Added:1 day(s) ago
- Updated:May 14, 2026 at 04:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Unfinished
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1950
- Construction Materials:Vinyl Siding
Schools
- High school:Putnam Valley High School
- Middle school:Putnam Valley Middle School
- Elementary school:Putnam Valley Elementary School
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$549,000
- Tax amount:$13,047 (2025)
Parking
- Parking description:Driveway
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