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178 Main Street, 
Philmont, NY 12565

$390,000


6

Beds


4

Baths


3,503

Sq Ft


Multi-Family

Pending

Listed by

Heather Davala

Davala Real Estate, LLC.

518-755-2385

Last updated:

May 15, 2026, 07:55 AM

MLS#

20261677

Source:

NY MLSUC

About This Home

178 Main Street

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.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1890

Price Summary

390,000

$111 per Sq. Ft.

MLS #:

20261677

Last Updated:

May 15, 2026, 07:55 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,503 Sq. Ft.


Structure

Structure

Building Area:

3,503 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$390,000

Price per Sq. Ft:

$111 per Sq. Ft.

Source:NY MLSUC
The information being provided by Hudson Valley Catskill Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Hudson Valley Catskill Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.