592 Long Pond Road, Mahopac, NY 10541

• 5 beds |
• 4 baths |
• 2,072 sqft

Property Description

ATTENTION: OWNER-OCCUPANTS AND PROPERTY INVESTORS ALIKE! Rarely does a LEGAL THREE-FAMILY PROPERTY offering this level of flexibility, income potential, and future upside become available in Mahopac. Whether you're looking to house-hack and offset your housing expenses by living in one unit while collecting rental income from the others, create a multigenerational living arrangement, or add a strong-performing asset to your investment portfolio, 592 Long Pond Road presents a unique opportunity. Based upon current operations, the property is producing an approximate 6% cap rate with below-market-value rents, offering investors immediate cash flow as well as future upside potential. Situated on a level and easy-to-maintain three-quarter-acre corner lot, this well-maintained compound consists of two separate buildings featuring three legal residential units, a detached two-car garage generating separate rental income, an in-ground swimming pool, private well, two septic systems, ample off-street parking, and additional storage opportunities. The main building contains two spacious two-bedroom apartments, while the detached garage building features a one-bedroom apartment above. Two of the residential units are currently occupied by month-to-month tenants, while one apartment will be delivered vacant, creating a unique opportunity for an owner-occupant or providing the ability to lease the unit at current market rental rates. The property has been well maintained and offers multiple income streams through the residential apartments and separate garage rental. The in-ground swimming pool was fully operational during its last season of use and further enhances the property's long-term appeal and value. Conveniently located near shopping, restaurants, recreation, schools, and major commuter routes, this is a rare opportunity to acquire a LEGAL THREE-FAMILY COMPOUND that successfully combines owner-occupant appeal, investment performance, and future flexibility in one complete package. Let's start the conversation!

Listing Status:

Active

Data Last Updated:

August 10, 2026 at 11:22PM

Listing Office:

Giner Real Estate Inc. : 914-263-0345

MLS ID:

990295

Interior

• General: Open Floorplan
• Basement: Crawl Space
• Flooring: CarpetCombinationLaminateTileWood
• A/C: None
• Heating: Oil
• Fireplace: FireplaceFireplaces: 1

Exterior

• Style: Mini Estate
• Other Structures: Shed(s)PorchDeckPatio
• Pool: In Ground
• Parking: DetachedDrivewayGarageOff StreetParking LotParking spaces: 10

Location

• Road/Access: Municipal
• Originating MLS: onekey2
• School District: Mahopac
• County: Putnam County

Lot

• Zoning: 372000-053-015-0001-015-000-0000

Utilities

• Utilities: Electricity Connected
• Water: Well
• Sewer: Septic Tank

Financial

• Source: onekey2