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