Prime mixed-use commercial property located on Main Street with excellent visibility, close to amenities, and ample on-site parking. Property features four units plus a detached two-bay garage, all fully occupied. Residential units include two one-bedroom apartments and one two-bedroom apartment, along with a commercial space suitable for a variety of uses. Extensive renovations completed throughout including all new plumbing, electrical, heat pump systems, water heaters, separate utility meters, new kitchens, bathrooms, and a new common laundry room. Detached two-bay garage is also leased, providing additional income. Strong investment opportunity with multiple income streams, minimal deferred maintenance, a 7.8% cap rate, and a pro forma cap rate of 8.1%.
Features
5 bedrooms
4 bathrooms
2699 sq. ft. floor area
crop_free0.31 ac. lot size
cottageDuplex
Property history for 433 Main Street
2017
Rented
Undisclosed
12 Nov 2017 by William Raveis Real Estate
2015
Rented
Undisclosed
28 Oct 2015 by Coldwell Banker Realty
2015
Rented
Undisclosed
15 Sep 2015 by Coldwell Banker Realty
Happy sellers in New Hartford Center
~%
We have insufficient information to provide an overview of customer satisfaction for New Hartford Center. Viewing the agent profiles, reviews and sales for New Hartford Center can provide insights for this location.
Local market activity for 5 bedroom duplexes in New Hartford Center
Sold
For Sale
View the listing for inspection times, agent contact details, and more.