412 E Main ST Active Save Request In-Person Tour Request Virtual Tour
Jefferson Valley,NY 10535
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6334911
Originating Board onekey
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
Location
State NY
County Westchester
Zoning Mixed use /Residential
Interior
Heating Oil,Propane,Hot Water
Cooling Central Air
Fireplace No
Building
Sewer Septic Tank
Water Public
Structure Type Frame
Schools
School District Lakeland
Others
Special Listing Condition None