Property Description

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!

Property Features

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