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$630,000
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Property Description
ATTENTION INVESTORS! Don't miss out on this incredible multi-family investment opportunity in beautiful Greenwood Lake, NY with four separate income streams including a fully renovated duplex, a large office space and 2-car garage/workshop. Duplex contains an updated 2 BR, 1 bath apt on the main floor with laundry and rear deck, plus a cozy 1 BR, 1 bath apt on the 2nd floor. The purchase also includes the adjacent 2-car garage/workshop with large office on the 2nd floor. Office offers flexible open floor plan for client meetings, 2 private office rms, a kitchenette, half bathroom and balcony. Ideally designed for owner-occupied contractor seeking proper office space immediately above garage/workshop or a mother/daughter scenario. This is a very special, low maintenance property with ample parking in front. Everything has been fully renovated from top to bottom and tastefully executed throughout. New HVAC, mini-splits, electric, plumbing, roofing, siding, windows, doors, deck, carpets/flooring, kitchens, bathrooms, appliances and more. It's turn-key, move-in ready. Nothing to update, nothing to repair - leave your tools at home! There's absolutely nothing to do here but start making money!!!! The village welcomes both long- and short-term rentals and this investment property checks all boxes! The pictures do not do this property justice. The apartments are so meticulous that you could eat off the floors! This is prime real estate in a great location within the Village of Greenwood Lake where multi-family investment properties are extremely scarce. Close to everything you need - shops, restaurants, schools, parks, public transportation and best of all - THE LAKE! Walk to Thomas Morahan Waterfront Park to experience the summer concerts or board your boat at a nearby marina. Nearby State Route 17A connects to all the major arteries in under 30 min. such as Route 17, Interstate 287, Interstate 87, Route 6 and Palisades Pkwy. Close to Harriman and Tuxedo train stations. Only 50 miles to NYC. It doesn't get any better than this. Greenwood Lake is a very special place that has had a massive influx of investors since the onset of Covid. Residents enjoy year-round activities including free summer concerts at the town beach, street fairs, thousands of miles of hiking trails, camping, fishing, power boating, paddle boarding, snow skiing/tubing at nearby Mt. Peter and/or Mt. Creek, lakeside dining, local wineries & apple picking, Renaissance Festival, Apple Festival, Octoberfest, Winter Carnival, & shopping at Woodbury Commons Premium Outlets and much more! Additional details available upon request. Schedule your private tour today!
Full Property Details
Full Property Details for 45 Waterstone Rd
General
- Sold For: $630,000
- Taxes: $6,977
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 915837
- Added to Site: 117 day(s) ago
Interior
- Interior Features: First Floor Bedroom, Ceiling Fan(s), Eat-in Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Walk Through Kitchen, Washer/Dryer Hookup
- Laundry Facilities: Yes
- Flooring: Carpet, Ceramic Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup
Additional Information
- Security/Safety: Other, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Detached, Driveway
Location
- County: Orange County
- Cross Streets: Linden Ave
- Driving Directions: New York State Route 17S to Windermere Ave to Waterstone Road
School Information
- High School District: Warwick Valley
- Elementary School: Greenwood Lake Elementary School
- Middle School: Greenwood Lake Middle School
- High School: Warwick Valley High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Ductless, Zoned
- Heating Type: Electric, Forced Air, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Fiberglass Insulation, Frame, Vinyl Siding
- Windows: Double Pane Windows, New Windows
- Building Size: 2229
- Square Feet: 2,229
- Year Built: 1935
Additional Structures
- Other Structures: Garage(s), Workshop
Lot Features
- Property View: None
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 75 x 80
- Frontage: Municipal
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Back Yard, Level, Near Public Transit, Near School, Near Shops
- Fencing (Description): None
Financial Considerations
- Taxes Include: Trash
- Tax Amount: $6,977
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: None
- Property ID: 335403-309-000-0009-006.000-0000
- Block: 9
- Lot Number: 6
Listed by Terrie OConnor
Sold by Howard Hanna Rand Realty
Get Pre-Approved Today
Schools
Schools serving 45 Waterstone Rd
School District:Greenwood Lake Union Free School District
| Name | Grades | Distance |
|---|---|---|
Greenwood Lake Elementary School 80 Waterstone Road, Greenwood Lake, NY 10925 | K-3 | 0.2 mi |
Greenwood Lake Middle School 1247 Lakes Road, Monroe, NY 10950 | 4-8 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 Waterstone Rd
Date
Details
Price
Change
Source
12/30/2025
Sold
$630,000
-1.56%
MLS
9/23/2025
Listed
$640,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
45 Waterstone Road, Greenwood Lake, NY 10925 (MLS# 915837) is a Multi-Family property that was sold at $630,000 on December 30, 2025. Want to learn more about 45 Waterstone Road? Do you have questions about finding other Multi-Family real estate for sale in Greenwood Lake? You can browse all Greenwood Lake real estate or contact a Coldwell Banker agent to request more information.
