Cochecton, NY 12726

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.7 Acres

Financials

Price:$550,000
Annual Taxes:$10,217
505 Park Ave, New York, NY 10022
Listing Courtesy of Eagle Valley Realty

Investment Opportunity ! A rare investment opportunity awaits at this charming lakefront laundromat with 4 income producing apartments, perfectly blending steady commercial revenue with residential rental income.

Description

Investment Opportunity! A rare investment opportunity awaits at this charming lakefront laundromat with 4 income-producing apartments, perfectly blending steady commercial revenue with residential rental income. Positioned along the scenic shoreline of Lake Huntington, the property offers pretty water views that attract both locals and visitors. The laundry facility features 11 front load washing machines, ample parking, and a loyal customer base, creating reliable cash flow for the owner. Along with the commercial space, there are 4 fully rented apartments providing a good monthly income. With its prime waterfront location, dual-income potential, and strong community presence, this property presents an exceptional opportunity for investors seeking both stability and long-term growth. Apartment #1 & #3 each have a living room, kitchen, full bath and two bedrooms. Apartment #2 & #4 each have a living space with a small kitchen, a bedroom and a full bath. There is a full basement and a storage area on the main level. This location is perfect for long term tenants or Short term renters. Lake Huntington is a motorboat lake.

Amenities

  • Accessible Approach with Ramp
  • Back Yard
  • Cable Connected
  • Cleared
  • Electricity Connected
  • Electric Range
  • Gas Range
  • Lake
  • Lake Front
  • Level
  • Near School
  • Neighborhood
  • Phone Available
  • Propane
  • Refrigerator
  • Sewer Connected
  • Smoke Detectors
  • Trash Collection Private
  • Video Cameras
  • Views
  • Waterfront Property

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.