About 48 E Main Street
This rare and exceptional 5-family property presents a fantastic investment opportunity in one of the most sought-after areas in the Hudson Valley! Nestled in the picturesque Village of Pawling, this charming Victorian, adorned with beautiful stained glass, offers five spacious one-bedroom, one-bathroom units, each featuring a practical layout with a kitchen, living room, and a hall closet for added storage. Three units are conveniently located on the first floor, while two units are on the second floor, making this an ideal property for maximizing rental potential. What truly sets this property apart is its unbeatable location—just a short walk (under 5 minutes) to everything the Village of Pawling has to offer. Tenants can easily stroll to local coffee shops, enjoy a meal at nearby restaurants, or explore charming boutiques, providing both convenience and lifestyle appeal. With limited multi-family inventory available in this area, this property is a rare find and offers a unique chance to own a profitable investment in a vibrant, walkable village setting. Whether you are an experienced investor or just getting started, this is a must-see property in Pawling. It will go FAST! Additional Information: HeatingFuel:Oil Above Ground
Features of 48 E Main Street
| MLS® # | H6336001 |
|---|---|
| Price | $649,000 |
| Sold Price | $725,000 |
| Date Sold | January 17th, 2025 |
| Bathrooms | 0.00 |
| Square Footage | 3,860 |
| Acres | 0.43 |
| Taxes | $12,421 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Closed |
Community Information
| Address | 48 E Main Street |
|---|---|
| City | Pawling |
| County | Dutchess County |
| State | NY |
| Zip Code | 12564 |
| Adult 55+ Community | No |
Amenities
| Utilities | Trash Collection Public |
|---|---|
| Parking Spaces | 8 |
| Parking | Parking Lot, Private |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater |
|---|---|
| Heating | Oil, Forced Air |
| Cooling | Wall/Window Unit(s) |
| Has Basement | Yes |
| Basement | Full, Unfinished |
| Fireplace | No |
Exterior
| Lot Description | Near School, Near Shops, Near Public Transit, Corner Lot |
|---|---|
| Exterior | Stone, Wood Siding |
School Information
| District | Pawling |
|---|---|
| Elementary | Pawling Elementary School |
| Middle | Pawling Middle School |
| High | Pawling High School |
Additional Information
| Date Listed | November 8th, 2024 |
|---|---|
| Days on Market | 70 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | McGrath Realty Inc |
|---|