384-386 Broadway, Monticello, NY 12701
- $949,000
- List Price
- $949,000
- Status
- ACTIVE
- Days on Market
- 187
- Price Change
- ▼ $150,000 1785180209
- MLS#
- 948225
- Subtype
- Commercial Sale
- Year Built
- 1893
- Lot Size
- 5,175
- Acres
- 0.12
- Neighborhood
- Monticello
Property 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. P&L in attachments.
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Additional Information
- Taxes
- $17,254
- Zoning
- B2
- Heating
- Baseboard
- Air Conditioning
- Wall/Window Unit(s)
- Stories
- 3
- Parking
- On Street
- Parking Features
- On Street
Mortgage Calculator
Listing courtesy of Listing Agent: Mosha Leitner (mosha@dealnavigation.com) from Listing Office: MS Realty Group USA, Inc.