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Multi Family 2-4 in Westchester County
MLS NumberH6334911
Address412 E Main Street, Jefferson Valley, NY 10535 show map
Price$1,650,000 show mortgage calculator
Acres0
Year Built1973
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$0
Remarks

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,

Amenities

This listing is Courtesy of Howard Hanna Rand Realty (914-245-4422).

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