14 Mechanic St Norwood, NY 13668

Multi-Family Residence

3 Beds

3 Baths

2,600 Sq. Ft.

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Last updated on 10/27/2024 10:28 AM

Listing Details

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! Continue reading

MLS#

50460

Property Type

Multi-Family

Bedrooms

Bathrooms

1 Full/2 Half

Year Built

1950

Square Feet

2,600 sq. ft

Price per Sq. Ft.