Property Description
Commercial - Valatie, NY Six unit investment opportunity on thriving Main Street Valatie. Commercial Storefront with 5 Apts. Busy street with consistent foot traffic. Many established businesses on the street including the Valatie Community Theatre. Short walk to Empire State Rail Trail.Bright storefront with ample window space and attractive brick facade. c.1895 location of E. Haddy Shoes and Boot Store. Also on the ground floor is a studio apartment.The second level consists of a one bedroom and three bedroom apartment.The third floor contains two 2 bedroom apartments,Gross rents 57K. Rents below market so plenty of room to increase gross. Tenants pay all utilities except water and sewer. Electric heat with propane option.Fully occupied. Residential tenants month to month with many long term. Low vacancy rate.Village water and sewer.The numbers work!Agent owned.