New Listing - 11/01/2024


412 E Main Street, Jefferson Valley, (Yorktown), NY, 10535

412 E Main Street, Jefferson Valley, (Yorktown), NY, 10535

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


Status:

Active

Town:

Jefferson Valley

Type:

Commercial

Zoning:

Mixed use /Residential

Heating:

Oil, Propane, Hot Water

Cooling:

Central Air

Current Use

Mixed Use, Residential

Construction

Frame

School District:

Lakeland

MLS #:

H6334911


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Howard Hanna Rand Realty 914-245-4422