Amazing opportunity to invest and own an income property featuring a retail space (currently leased as a restaurant/tavern through 04/30/2025) with a large deck/patio area on the first floor, plus 2 residential income apartments above. This property is fully leased! Current annual rent roll = $36,600. Tenants in apartments have been long term and currently rent on a month-to-month basis. Commercial lease has annual scheduled rental increases throughout lease term. Tenants pay separate utilities. The commercial tenant recently remodeled the retail space, and it is beautiful! 24 hour prior notice for showings is required due to tenants. This is a must see!
Listing courtesy of PMI Capital District, 518--618-6872.
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