553 Hosner Mountain Rd Stormville, NY 12582  | Multi Family
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$875,000

553 Hosner Mountain Rd Stormville, NY 12582
3
Bedrooms
2
Bathrooms
3
Acres
1949
Year Built
Multi Family
Property Type
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About This Home

AMAZING OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! In the heart of Stormville is a 2-story mixed-use Ranch style building-(ground floor warehouse, 2nd floor office and 1BR apartment) and an updated 2 BR cottage on four acres total spread over 2 parcels. Amazing location just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property is zoned R-2, and warehouse/storage is a continued permitted use. Whole house generator, updated electric. Separate electric meters and septics for cottage and office/warehouse/apartment.

Location

553 Hosner Mountain Rd Stormville, NY 12582

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Listing Agent

Justin LaFalce

Justin LaFalce

Keller Williams Realty Partners

(102 reviews)
Avg Price Sold$466.3K
Years Experience7
Total Transactions325