263 Riley Road, New Windsor, NY 12553

$519,900
4
BD
2
BA

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List Price
$519,900
Price Change
▼ $50,000 1780349933
Status
ACTIVE
MLS#
000031
Bedrooms
4
Bathrooms
2
Full-baths
2
Lot Size
56,628
Neighborhood
New Windsor
Year Built
1998
Acres
1.30

Property Description

Improved Price!! Great investment opportunity or live in one unit and rent out the other! Set back off the road on 1.3 private acres, this well-maintained two-family property offers strong income potential with below-market rents and separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 12-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy, currently rented for $1,700/month. The lower unit offers a front entrance with additional storage and is currently rented for $1,650/month. Tenants are month-to-month and responsible for their own utilities. Municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. The spacious detached finished garage is currently rented for $400/month and includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth.

Additional Information

Style
Hi Ranch
Foundation
Block, Slab
Interior Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Speed Internet, Walk Through Kitchen, Washer/Dryer Hookup
Accessibility Features
Accessible Approach with Ramp, Accessible Entrance
Exterior Features
Fire Pit, Lighting, Mailbox
Utilities
Electricity Connected, Water Connected
Parking
Driveway, Off Street, Parking Lot
Garage Spaces
1
Water
Public
Flooring
Carpet, Linoleum
Heating
Oil

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeffrey Lyons (jeffreylyons@curasirealty.com) from Listing Office: Curasi Realty, Inc..

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.