35
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$1,650,000
Est. payment /mo
Active
412 E Main ST Jefferson Valley, NY 10535
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UPDATED:
12/16/2024 03:54 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6334911
Originating Board onekey2
Rental Info No
Year Built 1973
Property 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 Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Westchester County
Interior
Heating Oil, Propane, Hot Water
Cooling Central Air
Fireplace No
Appliance Electric Water Heater, Oil Water Heater
Exterior
Utilities Available Electricity Available
Building
Sewer Septic Tank
Water Public
Structure Type Frame
Schools
School District Lakeland
Others
Special Listing Condition Contract Vendee
Listed by Howard Hanna Rand Realty