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$ 1,170,000
Est. payment | /mo
3 Baths
2,755 Sqft Lot
$ 1,170,000
Est. payment | /mo
3 Baths
2,755 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11665131
Full Baths 3
Year Built 1940
Annual Tax Amount $4,350
Lot Size 2,755 Sqft
Property Description
Mixed-Use Income Producing Property - Strong Cash Flow with Parking Exceptional opportunity to own a well-maintained mixed-use building generating $7,255 in monthly income ($87,060 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators. The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value. The first residential unit is a spacious 3-bedroom apartment generating $2,555 per month, while the second unit is a studio apartment producing $2,200 per month. The ground-floor retail store pays $2,500 per month, and also benefits from access to the finished basement for storage or operational use. Situated on a 21 ft x 131.17 ft lot, the building footprint measures 18 ft x 55 ft, offering efficient use of space while still providing valuable rear parking for up to four cars-a highly desirable feature for both residential tenants and commercial use. With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility. Property Highlights: Mixed-use building (Residential + Retail) Monthly Income: $7,255 Annual Income: $87,060 3 Bedroom Apartment: $2,555/month Studio Apartment: $2,200/month Retail Store: $2,500/month Finished basement used by store 4-car parking in rear Lot Size: 21 ft x 131.17 ft Building Size: 18 ft x 55 ft Perfect for investors seeking steady income or end-users looking to own a property with built-in revenue.
Location
State NY
County 36081
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 2
Water Municipal
Nearby Locations
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