Some properties ask you to be patient. This one puts money in your pocket from closing day.
Fully occupied and cash flowing, this commercial-residential multi-family sits on Main Street in the heart of Highland, steps from the Walkway Over the Hudson, one of the most visited destinations in the entire Hudson Valley. Two tenanted units. Month-to-month leases. Current rents below market value. A new owner inherits immediate income with a clear and near-term path to increased returns, no waiting, no buildout, no guesswork.
The lower unit offers 3 bedrooms, 2 full baths, a private primary suite with deck access overlooking a secluded backyard, wood-burning fireplace, custom kitchen with stainless appliances, and a full unfinished basement. The upper unit delivers 4 generously sized bedrooms, 2 baths, stunning pine paneled walls throughout, an eat-in kitchen with island and wall oven, wood-burning fireplace, and a private deck with sweeping views of the Walkway Over the Hudson. Oak hardwood floors run through both units.
The upside does not stop at rent. Both tenants are on month-to-month leases, and the seller is prepared to deliver the property vacant or with tenants in place; the choice belongs to the new owner. For the investor who wants stabilized income from day one, it is there. For the buyer with a conversion, renovation, or repositioning plan, vacant possession is available. Zoned commercial-residential with potential to convert to a 3-unit configuration subject to minor modification and town approval, this property offers a second chapter for the investor with vision. Solid mechanicals throughout.
Main Street Highland. Walkway corridor. Income-producing. Conversion potential.
75 days
|
563
|
41
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
eXp Realty888-276-0630,
Amy McArdle347-417-1109
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1006412
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4
Heating
Hot Water
Cooling
Wall/Window Unit(s)
Appliances
Laundry: In Basement
Features
First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, Pantry, Primary Bathroom, Master Downstairs, Storage
Flooring: Other
Basement: Full,Unfinished
Attic: None
Number of fireplaces: 2
Fireplace features: Living Room
Property
Parking
Total spaces: 2
Parking features: Driveway, Garage, Off Street
Garage spaces: 2
Has uncovered spaces: Yes
Lot
Size: 5,227 Square Feet
Features: Back Yard, Near Public Transit
Residential vegetation: Partially Wooded
Details
Additional structures: Shed(s)
Parcel number: 3200088.0690002001.0000000
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Colonial
Property subtype: Duplex, Multi Family
Materials
Frame
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Location
Region: Highland
Financial & listing details
Tax assessed value: $281,300
Annual tax amount: $11,206
Date on market: 6/6/2026
Cumulative days on market: 76 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/6/2026
Listed for sale
$529,000+16.3%
Source: OneKey® MLS as distributed by MLS GRID #1006412Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.