433 Main Street, Highland Falls, NY 10928
sale
$1,800,000
|
Other
Courtesy Of IBNA Real Estate Group
INVESTMENT OPPORTUNITY WITH INCOME POTENTIAL! Unique mixed-use property offering an impressive combination of 6 apartments, a restaurant space, 5 single rooms for rent on top floor of main building. and a separate 3-bedroom, 2-bath home with basement, front porch, deck and garage. This property provides multiple income streams and an opportunity for an investor to maximize its potential. Many of the units have the feel and character of individual homes, creating a unique residential setup that is difficult to find. The separate rear home offers 3 bedrooms, 2 full baths, a basement, and garage, providing additional flexibility for an owner-occupant, rental income, or extended living arrangements. Great for compound idea as well. The property does require TLC, offering the next owner an opportunity to improve, reposition, and increase its value and income. Current rents are below market, creating substantial upside for a buyer willing to invest in improvements and management. Whether you're an experienced investor looking to expand your portfolio or an owner looking for a property with multiple revenue opportunities, this is a rare chance to acquire a property with existing income and room to grow. Bring your vision and unlock the potential of this unique investment! All buildings built in the 1960's but main house built in 2002. Total units: 1 Main house with garage 3 bedrooms/2 baths/ basement. 4(two bedrooms) 2 (One Bedrooms) 1 Restaurant, 5 single rooms. 13 UNITS TOTAL
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Appliance: Electric Cooktop
- Appliance: Refrigerator
- Architecture Style: Other
- Building Units: 13
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Advanced Framing Technique
- Exterior Type: Shingle Siding
- Exterior Type: Blown-In Insulation
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Concrete
- Floor Covering: Hardwood
- Floor Covering: Tile - Ceramic
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- MLSID: 1048805
- Parking Spaces: 7
- Rooms: Basement
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