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  • $375,000

    178 Main Street, Philmont, NY 12565

    6beds
    4baths
    3,503sqft
    Triplex
    Built in 1890
    -- sqft lot
    $375,000 Zestimate®
    $107/sqft
    $1,171 Estimated rent

    Home value

    $375,000

    $334,000 - $420,000

    $1,171/mo

    Zestimate® history
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    $1,171/mo

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    $1,171/mo

    Rent Zestimate®

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    $2,487/mo

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    $2,487/mo

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    What's special

    Discover an exceptional investment opportunity with this spacious, fully updated three-unit property offering over 3,500 square feet of living space. Designed for both strong current returns and future income growth, this turnkey asset is ideal for investors seeking immediate cash flow with upside potential. Or owner occupants looking to offset living expenses. The building features three well-maintained and thoughtfully updated apartments: Unit 1: Generous 3-bedroom, 1.5-bath layout Unit 2: Comfortable 2-bedroom, 1-bath unit Unit 3: Efficient and desirable 1-bedroom, 1-bath unit Two units are currently rented with leases in place. All units are clean and updated minimizing upfront expenses and vacancy concerns. A newer boiler adds peace of mind and operational efficiency. Conveniently located just 15 minutes from Hudson and Amtrak, and only 2 minutes from the Taconic State Parkway, this property offers excellent accessibility for commuters and tenants alike--enhancing its long-term rental appeal. With strong in-place income and room to increase rents over time, this is a high-performing, low-maintenance investment in a desirable location. A rare opportunity to acquire a fully operational, income-producing property that's ready to deliver from day one.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Davala 518-605-6380,

    Davala Real Estate, LLC

    Bought with:

    Staff Member

    HV Catskill Region Realtors

    Source: HVCRMLS,MLS#: 20261677MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Baseboard, Hot Water, Oil
    Appliances
    • Included: Refrigerator, Range
    • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
    Features
    • High Speed Internet
    • Flooring: Carpet, Vinyl, Wood
    Interior area
    • Total structure area: 3,503
    • Total interior livable area: 3,503 sqft
    • Finished area above ground: 3,503
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    Features
    • Exterior features: Private Yard
    Lot
    • Size: 0.40 Acres
    • Features: Cleared
    Details
    • Parcel number: 38
    • Zoning: Triplex

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Playground, Sidewalks, Street Lights
    Location
    • Region: Philmont

    HOA & financial

    Other financial information
    • Total actual rent: 58860

    Price history

    DateEventPrice
    6/17/2026Sold$375,000-3.8%$107/sqft
    Source: HVCRMLS #20261677 Report a problem
    5/5/2026Pending sale$390,000$111/sqft
    Source: HVCRMLS #20261677 Report a problem
    4/24/2026Contingent$390,000$111/sqft
    Source: HVCRMLS #20261677 Report a problem
    4/20/2026Listing removed$1,650
    Source: Zillow Rentals Report a problem
    4/17/2026Listed for sale$390,000$111/sqft
    Source: HVCRMLS #20261677 Report a problem
    3/19/2026Price change$1,650-5.7%
    Source: Zillow Rentals Report a problem
    10/22/2025Price change$1,750-10%
    Source: Zillow Rentals Report a problem
    9/29/2025Price change$1,945-0.3%$1/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Price change$1,950-2.5%$1/sqft
    Source: Zillow Rentals Report a problem
    8/22/2025Listed for rent$2,000+81.8%$1/sqft
    Source: Zillow Rentals Report a problem
    11/25/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/17/2023Price change$1,100-12%
    Source: Zillow Rentals Report a problem
    11/4/2023Price change$1,250-13.8%
    Source: Zillow Rentals Report a problem
    10/13/2023Listed for rent$1,450
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $150,000
    2024-- $150,000
    2023-- $150,000
    2022-- $150,000
    2021-- $150,000 -6.3%
    2020-- $160,000
    2019-- $160,000
    2018-- $160,000
    2017-- $160,000
    2016-- $160,000
    2015-- $160,000
    2014-- $160,000
    2013-- $160,000 -11.6%
    2012-- $181,000 -7.2%
    2011-- $195,000 +65.8%
    2010-- $117,600
    2009-- $117,600
    2008-- $117,600
    2007-- $117,600
    2006-- $117,600
    2005-- $117,600 +20%
    2004-- $98,000
    2003-- $98,000
    2002-- $98,000
    2001-- $98,000

    Find assessor info on the county website

    Neighborhood: 12565

    Nearby schools

    GreatSchools rating