230 OLD ROUTE 17 MONTICELLO NY 12701
Income-Producing Residential & Commercial Opportunity – 3.34± Acres
Marketing description
Income-Producing Residential & Commercial Investment Opportunity – 3.34± Acres
Excellent investment opportunity featuring a residential home and established auto repair facility being offered together as one package on two parcels totaling approximately 3.34± acres. Both properties are currently leased, providing immediate rental income.
The residential property includes a well-maintained 3-bedroom, 1-bath home with approximately 850 sq. ft. of living space, a full basement, new windows, and a fenced backyard. The home is occupied by new tenants under a 1-year lease.
The commercial property consists of a 3,328 sq. ft. auto repair shop situated on a spacious lot with approximately 200 feet of road frontage and ample on-site parking. The shop tenant is currently in the final year of a 3-year lease. Features include:
• Oil-burning furnace and waste oil furnace
• Air compressor
• One automotive lift installed with space configured for up to four additional lifts
• 40-ft. Conex storage container
• Well-maintained building and grounds
• Access drive extending behind the shop to the center of the property, offering additional potential uses or expansion opportunities
This versatile mixed-use property combines stable income, strong visibility, generous acreage, and future development potential.
Investment highlights
Residential property includes 3-bedroom, 1-bath home with approximately 850 sq. ft. of living space
Commercial property consists of a 3,328 sq. ft. auto repair shop situated on a spacious lot with approximately 200 feet of road frontage and ample on-site parking. The shop tenant is currently in the final year of a 3-year lease. Features include:
• Oil-burning furnace and waste oil furnace
• Air compressor
• One automotive lift installed with space configured for up to four additional lifts
• 40-ft. Conex storage container
• Well-maintained building and grounds
• Access drive extending behind the shop to the center of the property, offering additional potential uses or expansion opportunities
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