384-386 Broadway, Monticello, NY 12701

$949,000

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List Price
$949,000
Price Change
▼ $150,000 1785180209
Days on Market
192
MLS#
948225
Status
ACTIVE
Lot Size
5175

Property Description

EXCELLENT INVESTMENT OPPORTUNITY TO OWN A HIGH-INCOME MULTI-FAMILY PROPERTY WITH STRONG IN-PLACE CASH FLOW AND SIGNIFICANT UPSIDE POTENTIAL. Ideally located near shopping, dining, public transportation, and local amenities, supporting stable occupancy and long-term value. Building #1 features 14 rental units (9 units at $675/month and 5 units at $700/month). Building #2 includes 4 rental units at $675/month plus one commercial storefront generating $1,500/month. The basement, previously used as a bar, is currently vacant and offers additional income potential if re-leased. P&L in attachments.

Additional Information

Year Built
1893
Stories
3
Total Taxes
17254
Heating
Baseboard
Parking
On Street
Basement
See Remarks
Water
Public
Sewer
Public Sewer
Taxes
$17,254

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Listing courtesy of Listing Agent: Mosha Leitner (mosha@dealnavigation.com) from Listing Office: MS Realty Group USA, Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.