1 Church Street, Philmont, NY 12565

Fantastic Investment opportunity in the Village of Philmont! Philmont is emerging as the new Hudson, which is just ten quick minutes away. With three well-kept, occupied units, this house is conveniently in the center of town & generates a solid income. Philmont is attracting a diverse population as its amenities grow; including the Hawthorne Valley Farm store and School just minutes away; the amazing Food Coop on Main St, the High Falls Conservation area; and the exciting Summit Mills development project for artists and culinary endeavors. The Harlem Valley Rail Trail is slated to open in the near future. The owners have done many upgrades, giving the buyer a turnkey investment. Along with the neighboring property at 3 Church, this could be a great tandem investment opportunity yielding a solid 8 cap return for the investor.