Below Market Retail Store and 2 Attached Units

5951 Main St, Tannersville, NY 12485

$250,000 After Repair Value -
$110,000 Asking Price -
$50,000 Cost of Repairs =
$90,000 Potential Profit

Property Details

Asking Price $110,000

After Repair Value $250,000

Costs of Repairs $50,000

Potential Profit $90,000

Living Area 5922 ft2

Property Type Multiple / Combo

Bedrooms 3

Bathrooms 2

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $3,950

Yearly Expenses N/A

Property Taxes $7,041

Net Operating Income N/A

Cap Rate N/A

Property Description

The retail space used to be a restaurant. The two units are made up of a 2 bed and a 1 bed. Needs approx $50,000 in repairs for the property. Mainly cosmetics and updating but also needs light plumbing. Contact me for more details - .

Repairs Needed

Renovation - cosmetics, updating and light plumbing.

CONTACT LISTING OWNER

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on 5951 Main St, Tannersville NY

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (20)

Hundreds of properties in New York! Check Deals in New York