New Listing - 11/01/2024
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
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Listing courtesy of Howard Hanna Rand Realty 914-245-4422