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Duplex Property with Commercial Zoning
For Sale
$649,900

275-277 State Route 17b, Monticello, NY 12701

Residential Income, Monticello, NY

Property SizeContact for details
Lot Size4.92 Acres
Days on Market774

Property Features for 275-277 State Route 17b

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4
Parking features Driveway
Lot features Level, Split Possible
Elementary school George L Cooke School
High school Monticello High School
Elementary school district Monticello
Middle school district Monticello
High school district Monticello
Standard status Active
APN 4689-018-0-0001-019-000
Lot size 4.92 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11838

Utilities

Sewer type Septic Tank
Heating system Baseboard, Forced Air, Oil
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Well

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Building materials Frame, Wood Siding
Architectural style Ranch
Listing Agency: Malek Properties
Listed By: Carol Malek · License #31MA1121533
Added: Jul 18, 2024 Changed: Aug 20 Last Checked: Aug 30 at 2:06PM
MLS# H6318803

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property comprises two frame homes on one lot and a separate vacant parcel, totaling 4.92 acres. One residence contains four bedrooms, while the other offers one+ bedroom. Both homes have been rented for years and require updates and repairs. The structures were built in 1950 and feature ranch-style designs, wood siding, oil-fired baseboard and forced-air heating, and window or wall-unit cooling.

The second parcel encompasses 3.05+/- acres and includes an existing well. The property is positioned along the Gateway NYS Route 17B corridor, approximately a quarter mile from the Racetrack, NYS Route 17, and Interstate-86, with proximity to shopping and service stations. CI Commercial Industrial zoning allows many uses subject to site plan approval. Water is supplied by well and wastewater service is provided by septic tank.

Key Highlights

  • 4.92‑acre property divided across two lots
  • Two frame homes, including one with four bedrooms and another with one+ bedroom
  • Both residences have been rented for years and require updates and repairs

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 12701, NY

12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two frame homes and a separate vacant parcel create a flexible configuration within CI Commercial Industrial zoning.
Where is this duplex located?
The property is located at 275-277 State Route 17b Monticello, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 4.92‑acre property divided across two lots; Two frame homes, including one with four bedrooms and another with one+ bedroom; Both residences have been rented for years and require updates and repairs
More about this property
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