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94-98 S Main St. Castleton NY 12033
Price $ 695,000
Listing ID 202618541
Property Type Industrial
House Size 3049
Lot Size 3049
Description
Fantastic investment opportunity in a prime Castleton location! This well-maintained 8-unit mixed-use property features 3 commercial spaces and 5 residential apartments, offering investors a strong income-producing asset with excellent upside potential. When fully rented, the property generates over $7,000 per month in gross rental income. Currently, only two units are vacant, providing an immediate opportunity for the next owner to increase cash flow. Conveniently located just 10 minutes from East Greenbush's shopping, restaurants, and everyday amenities, and only 15 minutes from Downtown Albany, this property appeals to both residential and commercial tenants alike. The residential units offer spacious floor plans, hardwood flooring, tiled bathrooms, and beautiful Hudson River views. Separate utilities help keep expenses low, with tenants responsible for their own heat, hot water, electric, and cable. Landlord expenses are limited to water, sewer, and trash collection. Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-producing property, this is an opportunity you won't want to miss. Strong rental history, separate utilities, a desirable location, and excellent cash-flow potential make this a smart addition to any investment portfolio.
Location
Property Features
 Close to gym/workout facility
 Close to shopping
 Near highway/freeway
 Near schools
 Public transportation access
 Game room
 Meeting room
 3 or more car garage
 Den/study room
 Forced air heating
 Gas heating
 Guest room
 Recreation room
Listed By:   Willie Miranda   Miranda Real Estate Group, Inc.  518-348-2060
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