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$ 949,000
Est. payment /mo
Price Dropped by $150K
384-386 Broadway Monticello, NY 12701
5,174 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 948225
Rental Info No
Year Built 1893
Annual Tax Amount $17,254
Lot Size 5,174 Sqft
Acres 0.1188
Property Sub-Type Mixed Use
Source onekey2
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.
Location
State NY
County Sullivan County
Rooms
Basement See Remarks
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Phone Available, Sewer Connected, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
Listed by MS Realty Group USA, Inc • Mosha Leitner
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