Description

EXCELLENT INVESTMENT OPPORTUNITY TO OWN A HIGH-INCOME MULTI-FAMILY PROPERTY WITH STRONG IN-PLACE CASH FLOW AND SIGNIFICANT UPSIDE POTENTIAL. Ideally located near shopping, dining, public transportation, and local amenities, supporting stable occupancy and long-term value.

Building #1 features 14 rental units (9 units at $675/month and 5 units at $700/month). Building #2 includes 4 rental units at $675/month plus one commercial storefront generating $1,500/month. The basement, previously used as a bar, is currently vacant and offers additional income potential if re-leased.

Key Facts: • Lot Size: 0.1188 AC / 5,175 sqft • Year Built: 1893 • Stories: 3 • Zoning: B2 • Taxes: $17,254/year • Heat: Baseboard | A/C: Wall/Window Unit • Water/Sewer: Public • Construction: Frame • Parking: On Street

What this place offers

9725 sq ft
Private Entrance

Location

384-386 Broadway, Monticello, NY 12701, Monticello, NY, 12701

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Mixed Use Building For Sale

MLS #948225

$1,099,000

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4 months

Ago

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Listed on Listco Properties

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$1,099,000

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