$95,000
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14 Mechanic St Norwood, NY 13668
Multi-Family
Residence
3
Beds
3
Baths
2,600
Sq. Ft.
Property Activity
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Versatile Commercial Property with Renovated Bar and Income-Generating Apartment Discover an exceptional investment opportunity with this versatile commercial property. This charming building features a newly renovated bar on the ground floor and a spacious three-bedroom apartment upstairs with a lo...ng-term tenant of five years, boasting an excellent payment history. Upstairs Apartment: - 3 Bedrooms: Provides ample living space. - Long-Term Tenant: Reliable tenant with a 5-year history and excellent payment record. - Rental Income:$875 per month, covering most of the property's expenses. - Tenant Responsibilities: Pays own heat, cable, and internet. - Utilities Included: Water and electricity included in rent. Ground Floor Bar: - Fully Equipped: Comes with all necessary equipment to operate a bar seamlessly. - Newly Renovated: Modern and inviting space ready for business. Endless Possibilities: If operating a bar isn't your preference, the ground floor offers endless possibilities. Transform this space into a small spa, yoga studio, boutique, or any business venture you envision. This property combines commercial potential with steady rental income, making it a smart investment choice. Whether you're an entrepreneur looking to start a new venture or an investor seeking a reliable income stream, this property is a must-see. Don't miss out on this opportunity to own a versatile commercial space with substantial potential. Schedule a viewing today!
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MLS#
50460
Property Type
Multi-Family
Bedrooms
3
Bathrooms
1 Full/2 Half
Year Built
1950
Square Feet
2,600
sq. ft
Price per Sq. Ft.
$37.00
Stories
2.0
Sewer
Public Sewer
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