Active

412 E Main Street

Jefferson Valley NY, 10535

$1,650,000


$336.73 per sqft

Active

4,900 sqft

Commercial

Built in 1973

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,

H6334911

MLS ID

November 1, 2024

Listed

December 16, 2024

Updated

Map

412 E Main Street
Jefferson Valley NY, 10535

Interior Features

Appliances

Electric Water Heater, Oil Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Oil, Propane, Hot Water

Exterior/Building Features

Sewer

Septic Tank

School Information

School District

Lakeland

Other Property Details

Days on Market

45


Garage

No


View

No


County

Westchester County


Water Source

Public


Pool

No


Zoning

Mixed use /Residential

Listed by Drita V. Shala  with Howard Hanna Rand Realty
Listing Contact: 914-245-4422 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Pattie D'alesio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:27 PM UTC, 12/16/2024

  

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