This outstanding investment opportunity in the heart of Nyack's downtown includes two buildings in one deal.


Property

Website:https://www.nestseekers.com/3136367
Address:
38 Franklin Street
Orangetown, NY 10960
Ownership: Unknown
Type: Commercial

Financials

Price: $1,300,000
Annual Taxes: $19,000

Description

This outstanding investment opportunity in the heart of Nyack's downtown includes two buildings in one deal. The first building consists of a storefront with a 3-bedroom apartment above it, while the second building offers two spacious 2-bedroom apartments. In total, you have four income-generating units at your disposal, as well as an unfinished basement. Currently, the properties generate a monthly rent roll of $9,247, but with all tenants on month-to-month leases and rental rates below market prices, you can easily increase it to $11,900. and this projection doesn't even take into account any potential improvements to the basement. Don't miss this promising investment right in the heart of Nyack's bustling downtown!

Contact

6243 Northern Blvd
Courtesy of Keller Williams Hudson Valley