405 Sprout Brook Rd, Garrison, NY, 10524
$475,000
Misc
For Sale
3 Beds
, 2 Full Bath
Details
ML#: 877867
- # of Families: 2
- Year Built: 1890
- Taxes: $17,679
- Status:Active
Description
This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2, 500 for the retail space and $2, 400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: Heating Fuel Oil Above Ground.
More Property Details
Bedroom: 3
Full Bath: 2
Lot Size: 1.06
Heat: Baseboard, Oil, Other
A/C: Wall/Window Unit(s)
Water: Well
Sewer: Septic Tank
Taxes: $17,679
School District: Van Cortlandtville
Listing Information provided courtesy of
Coldwell Banker Realty
914-232-7000