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Some properties ask you to be patient. This one puts money in your pocket from closing day. Fully occupied and cash flowing, this commercial-residential multi-family sits on Main Street in the heart of Highland, steps from the Walkway Over the Hudson, one of the most visited destinations in the entire Hudson Valley. Two tenanted units. Month-to-month leases. Current rents below market value. A new owner inherits immediate income with a clear and near-term path to increased returns, no waiting, no buildout, no guesswork. The lower unit offers 3 bedrooms, 2 full baths, a private primary suite with deck access overlooking a secluded backyard, wood-burning fireplace, custom kitchen with stainless appliances, and a full unfinished basement. The upper unit delivers 5 generously sized bedrooms, 2 baths, stunning pine paneled walls throughout, an eat-in kitchen with island and wall oven, wood-burning fireplace, and a private deck with sweeping views of the Walkway Over the Hudson. Oak hardwood floors run through both units. The upside does not stop at rent. Both tenants are on month-to-month leases, and the seller is prepared to deliver the property vacant or with tenants in place; the choice belongs to the new owner. For the investor who wants stabilized income from day one, it is there. For the buyer with a conversion, renovation, or repositioning plan, vacant possession is available. Zoned commercial-residential with potential to convert to a 3-unit configuration subject to minor modification and town approval, this property offers a second chapter for the investor with vision. Solid mechanicals throughout. Main Street Highland. Walkway corridor. Income-producing. Conversion potential.
Property Type(s):
Multi Family
| Last Updated | 6/6/2026 | Year Built | 1900 |
|---|---|---|---|
| Garage Spaces | 2.0 | County | Ulster |
SCHOOLS
| Elementary School | Highland Elementary School |
|---|---|
| Jr. High School | Highland Middle School |
| High School | Highland Park Community School |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Unfinished |
| CONSTRUCTION | Frame |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Hot Water |
| INTERIOR | Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Master Downstairs, Pantry, Storage |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Back Yard, Near Public Transit |
| PARKING | Driveway, Garage, Off Street |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 11206.7 |
| UTILITIES | Cable Connected, Electricity Connected |
| WATER | Public |
Location
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Listed with eXp Realty
Copyright 2026 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Suburban Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed.
Date Last Updated: 6/8/26 3:29 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
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