Montgomery NY, 12549
$860,000
Retail
Commercial
Details
ML#: H6314484
- # of Families: 3
- Sale or Rent:Sale
- Year Built: 1890
- Taxes: $10,879
- Status:Active
Description
Welcome to this commercial/residential zoning property in Montgomery. Situated on .85-acre lot, the retail commercial space, currently functioning as a glass shop, adds a lucrative dimension to the property. W/ a current rent of $2400 per month, this space presents an excellent investment opportunity. The prime corner location ensures maximum daily traffic visibility, making it an ideal spot for a thriving business. Nestled within the same lot is a residential detached Craftsman property featuring 2 units, each fetching $1, 200 in monthly rent. These units come complete with stoves & refrigerators. There is a fenced yard & above-ground pool. There is an opportunity to acquire additional acreage bordering the property with road frontage, creating potential for future expansion or development opportunities. Currently on septic & well, there are plans to introduce sewer & water services to the corner. Noteworthy is the proximity to key locations: near Newburgh/Middletown Shopping, & Close to Route 84. For those relying on public transportation, the Metro North Beacon Train is a conveniently close. Commuting to the heart of New York City is also a breeze by car. A pending check gas station approval right across the street hints at upcoming developments, including the potential addition of sewer & water services, as shared by the owner. The property’s versatility, strategic location, & potential for growth make it a rare and enticing opportunity for investors & Contractors alike. Don’t miss this great opportunity. The glass shop and the 2 family rental are only sold together and not separately.
More Property Details
Lot Size: 0.85
Parking Spaces: Yes
Parking Facilities: Off Street, Parking Lot, Private
Refrigerator: Yes
Stoves: Yes
Heat: Baseboard, Electric, Natural Gas
A/C: Wall/Window Unit(s)
Water: Drilled Well
Sewer: Septic Tank
Taxes: $10,879
School District: Valley Central (Montgomery)