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Port Jervis NY, 12771 $399,000

Multi Family Commercial  

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Details ML#: H6328808  

  • Sale or Rent:Sale
  • Year Built: 1910
  • Status:Active

Description

Earn 12% return on investment or a lot more. Great Historic brick building on Front Street in the Renaissance City of Port Jervis. This Huge 3500 square foot building is Active Business downstairs and two modern residential apartments upstairs. Walk to NYC Trains. Would be Great as an Air B&B which would bring the CASH in hand over fist. As is now Business pays $2200 per month and apt bring in $2700 for $4900 gross oer month of $58, 000 gross per year. Net return on Income is $48, 000 per year as tenants pay water sewer and utilities.

More Property Details

Property Features

Lot Size: 0.1113  

Appliances & Utilities

Heat: Natural Gas, Baseboard   A/C: None   Water: Public  

Local Area Information

School District: Port Jervis  

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