Properties 1 of 1 results« Previous property   Next property »

Jefferson Valley NY, 10535 $1,650,000

Multi Family Commercial  

Property Picture
1 of 36
 
 

Details ML#: H6334911  

  • Sale or Rent:Sale
  • Year Built: 1973
  • Status:Active

Description

This exceptional investment opportunity features a mix of residential and commercial properties, ideal for income generation and future development. The portfolio includes a five-bedroom main house with a renovated kitchen and living areas, a duplex with a one-bedroom unit and a two-bedroom unit, and a separate cottage with its own amenities. Additionally, a bar/restaurant, currently non-operational and in need of renovations, presents a chance for significant value enhancement. Above the bar, there are two residential units. The property offers ample land with parking for 10-15 cars near the bar/restaurant and additional spaces for the duplex, enhancing accessibility for customers. Located near Osceola Lake, this portfolio benefits from recreational appeal, making it attractive. With existing leases in place, the investment boasts strong income potential and a cap rate of 6.4%. Also includes adjacent property at 3764 Wood St Tax ID 55540000601700010710000000

More Property Details

Appliances & Utilities

Heat: Oil, Propane, Hot Water   A/C: Central Air   Water: Public   Sewer: Septic Tank  

Local Area Information

School District: Lakeland  

Inquire About This Property

(*) - Required fields

ASKINGPRICE.COM PRESENTS For More Information Contact:
  1. Presented by

    Zhanna Shiman
    • Asking Price Realty Inc.
    • Licensed Real Estate Broker
    • (718) 227-7777
    •   Contact Us

Contact Asking Price Today

Listing Information provided courtesy of Howard Hanna Rand Realty OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS