Commercial in Sullivan County
| MLS Number | 948225 |
|---|---|
| Address | 384-386 Broadway, Monticello, NY 12701 show map |
| Price | $1,099,000 show mortgage calculator |
| Acres | 0.11880165289256 |
| Year Built | 1893 |
| Est. Sq. Footage | 0 |
| Zoning | B2 |
| Current Uses | |
| Permitted Uses |
EXCELLENT INVESTMENT OPPORTUNITY TO OWN A HIGH-INCOME MULTI-FAMILY PROPERTY WITH STRONG IN-PLACE CASH FLOW AND SIGNIFICANT UPSIDE POTENTIAL. Ideally located near shopping, dining, public transportation, and local amenities, supporting stable occupancy and long-term value. Building #1 features 14 rental units (9 units at $675/month and 5 units at $700/month). Building #2 includes 4 rental units at $675/month plus one commercial storefront generating $1,500/month. The basement, previously used as a bar, is currently vacant and offers additional income potential if re-leased. P&L in attachments.
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