43 Broadway , Fallsburg, NY 12789

  • $995,000

Overview

Property ID: 806058
  • Multi Family, Commercial Sale
  • Property Type
  • 5828
  • Square Feet
  • 1925
  • Year Built

Description

6 Unit Apartment Complex with Development Potential. This renovated 6 unit apartment complex on a .66 acre lot offers immediate income and significant upside potential. Each updated unit features modern finishes, including new kitchens, bathrooms and flooring, with all units separately metered for utilities, reducing management costs. The property also has the potential to build 12 additional units (subject to zoning/approval), providing an excellent opportunity for further development and increased returns. Key Features: 6 renovated units, Each unit separately metered for utilities, .66 acre lot. Strong tenant demand and minimal vacancy Close to local amenities and major highways. This is an ideal investment with both immediate cash flow and long-term growth potential. Owner has a real estate license in NY.

Details

Updated on December 17, 2024 at 7:00 pm
  • Property ID: 806058
  • Price: $995,000
  • Property Size: 5828 Square Feet
  • Land Area: 0.66 Acres
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

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Jerry Wang
  • Jerry Wang