Listing Provided by Berkshire Hathaway HomeServices Blake, REALTORS®

166 Main St, Philmont

$895,000

9 Beds
5 Baths
10,000 Sqft
.2 Acres
0 Garages

Solid Commercial Space + Solid Architecture + Solid Income = A Solid INVESTMENT! This Historic 1880 Empire Opera House has been restored. A Romanesque column-less suspension building constructed of massive Carnegie steel girders & Iron trestles w/ 16'' thick brick walls & 10.5 foot ceilings. Top of the line Peerless boilers (4), upgraded electric panels & wiring. A Multi purpose building w/4 fully rented apartments grossing $50,000+ annually. Each apt has it's own electric & heat. With potential for so much more! 5,000 sqft ground floor currently owner occupied could be an additional gross income of $30,000+ annually. Or continue using ground floor for your craftsman's work shop, artist studio or storage space offering retail store frontage w/ office & owners living loft. The perfect live/work/sell combo! Located across the street from the northern end of Summit Lake (The Reservoir). 1.5 mi. to TSP, 2 mi. to Hawthorn Valley School & market, quick drive to Hudson, 2 hours to NYC.

LISTING MAP

Mortage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information