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$ 1,425,000
Est. payment | /mo
6 Beds
2.5 Baths
2,240 Sqft Lot
$ 1,425,000
Est. payment | /mo
6 Beds
2.5 Baths
2,240 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11526035
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1910
Annual Tax Amount $9,027
Lot Size 2,240 Sqft
Property Description
Fantastic investment opportunity! This large brick mixed-use building offers a prime commercial and residential setup. The 1st floor features an operating 99 cent store, providing stable rental income paying $2,500 per month with a lease in place until 12/31/28. The 1st floor tenant is responsible for paying the electricity costs for both their individual commercial space and the common area usage. The 2nd & 3rd floors each house spacious 3-bedroom apartments with identical layouts, including an EIK, DR, LR, and 1 full bathroom and they each pay $1,700 per month with no lease. Additional highlights include a full basement and private yard. With just a bit of updating and TLC, this property can reach its full potential. Perfect for investors or owner-occupants looking to generate rental income.
Location
State NY
County 36061
Rooms
Basement Full
Dining Room 1
Kitchen Eat-In
Building
Story 3
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
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Priscilla Shields
Agent | License ID: 0578753, 238091