Earn 11% return on investment or a lot more. Great Historic brick building on Front Street in the Renaissance City of Port Jervis. This Huge 3500 square foot building is Active Business downstairs and two modern residential apartments upstairs. Walk to NYC Trains. This is a Huge money maker! Could be Great as an Air B&B which would bring the CASH in hand over fist. As is now Business pays $2200 per month and apts bring in $5100 gross every month of $61000 gross per year. Net return on Income is $49,000 per year as tenants pay water sewer and utilities.
5,280 Sq Ft
4,848.23 Sq Ft Exterior Space
Investment
$7,700 Annual Tax
Built in 1910
MLS/Listing ID 899087
3 Units
Construction - Block
Heating - Natural Gas
Heating - Baseboard
Washer/Dryer Hookup
Parking - Garage
Listing Courtesy of ORANGE WEST REALTY, PAUL HAMILTON - 845-856-4400
Source of Data: ONEKEY MLS
TOTAL MONTHLY COST
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