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3 Prospect St Stamford, NY 12167

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For Sale
Pending
$339,000

Income-producing property with historic charm and modern upgrades.

Lot size:
0.50 Acres

Property Features for 3 Prospect St

General Information

Property type
Investment
Standard status
Pending
Lot size
0.50 Acres

Building Details

Year built
1888

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Listing Contact
Jaclyn Marra
Source: Elliman

Listing Agent: Jaclyn Marra

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Catskills Income Property

The Idlewild is a historic 1888 boarding house that has been thoughtfully converted into a fully rented, income-producing property while preserving its original exterior charm. The main house features four apartments with the potential for a fifth unit on the third floor. Mountain views stretch endlessly from the second-floor balcony. At the rear of the property is a fully renovated 2-bedroom, 1-bath carriage house that has a living room and full eat-in kitchen with a spacious private lawn. It is suitable for owner occupancy, weekend getaways, or a high-appeal Airbnb rental. Guests can enjoy their own private outdoor space while being just a short stroll to Main Street, where local coffee shops, grocery stores, boutiques, banks, and restaurants offer small-town charm and convenience. The property has been lovingly maintained and smartly upgraded with a newer roof, all-new utilities, a spray-foamed basement, a rebuilt porch, a brand new back deck, and a refreshed driveway. Municipal water and sewer are available. The property has a gross annual income of $72,000 and room to grow.
Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Stamford
County
Delaware
State
New York
Longitude
-74.6169448
Latitude
42.4100795

FAQs

What type of property is this?
Apartment building - Income-producing property with historic charm and modern upgrades.
Where is this apartment building located?
The property is located at 3 Prospect St Stamford, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: - Turn-key, income-producing property with a gross annual income of $72,000 and room to grow.; - Fully renovated, charming 2-bedroom carriage house ideal for owner occupancy, weekend getaways, or Airbnb rental.; - Historic 1888 boarding house with four apartments and potential for a fifth unit.
More about this property
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