45 Waterstone Road, Greenwood Lake, NY

$640,000

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3

Beds

3

Baths

2,229

Square feet

0.14

Acres

About 45 Waterstone Road

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!

Features of 45 Waterstone Road

MLS® # 915837
Price $640,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Internal Footage 2,229
Square Footage 6000
Acres 0.14
Year Built 1935
Type Residential Income
Sub-Type Duplex
Style Other
Status Active

Community Information

Address 45 Waterstone Road
City Greenwood Lake
County Orange County
State NY
Zip Code 10925

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Parking Spaces 6
Parking Detached, Driveway
# of Garages 2
View None
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Ceramic Tile, Vinyl
Interior Features First Floor Bedroom, Ceiling Fan(s), Eat-in Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Walk Through Kitchen, Washer/Dryer Hookup
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Ductless, Zoned
Fireplace No
Has Basement No

Exterior

Exterior Features Balcony
Lot Description Back Yard, Level, Near Public Transit, Near School, Near Shops
Windows Double Pane Windows, New Windows
Construction Fiberglass Insulation, Frame, Vinyl Siding

School Information

District Warwick Valley
Elementary Greenwood Lake Elementary School
Middle Greenwood Lake Middle School
High Warwick Valley High School

Additional Information

Date Listed September 23rd, 2025
Days on Market 19
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofTerrie OConnor
Contact Info201-786-9055

Listing Map

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