13 Mountain Avenue, Highland Falls, NY 10928

$1,400,000

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Property Description

HIGHLAND FALLS...FOR SALE....FIRST TIME ON MARKET IN 50 YEARS!...2 COMMERCIAL BUILDINGS ON ONE PARCEL, 6 UNITS IN TOTAL 9145' SQ. FT...5 well kept residential apartments approximately 6345' sq. ft. plus a large storage area currently used by the landlord and one commercial garage unit approximately 2000' sq. ft. currently used as a contractor's space. 5 residential apartments: four units have 2 bedrooms each and one unit has 1 bedroom. Walkout basement is currently used by the landlord which eventually can add more possible income... Residential tenants pay electric and heat. Commercial garage tenant pays all utilities plus water and sewer. Municipal trash pick up included in the taxes. Rents are under market value with long term tenants... All leases are month to month. Property is on municipal water and sewer with natural gas for fuel. Landlord pays for cold & hot water, sewer, school and property taxes plus insurance. Some parking on the side of the building is available for the tenants. Income producing property with many possibilities...Just few steps from the municipal parking and town center, park, services and amenities...restaurants, bank, retail stores, school and main entrance of West Point.

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Listing courtesy of Listing Agent: George K Koudounas (Lapithos74@aol.com) from Listing Office: RE/MAX Benchmark Realty Group.

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