94-98 S Main Street, Castleton-on-Hudson, NY 12033
New

$695,000
Active for Sale
 
Listing ID 11799122
Property Type Commercial
County Rensselaer
Total Tax $9,922
Tax ID 384401 198.19-2-1
FEMA Flood Map fema.gov/portal
Virtual Tour
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. Agent is owner. 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.
Property Details
  • 7500 SF (AG)
  • 7500 SF (Total)
  • 0.07 Acres
  • 3049 SF Lot
  • Full Basement
  • Lower Level: Unfinished, Finished
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Vinyl Flooring
  • Baseboard
  • Forced Air
  • Electric Fuel
  • Natural Gas Fuel
  • Central A/C
Exterior Features
  • Brick Siding
  • Rubber Roof
  • Community Water
  • Municipal Sewer
Commercial Info
  • Uses: Residential
Taxes and Fees
  • $9,922 Total Tax
Listed By
Miranda Real Estate Group Inc
Office: 518-348-2060
Mobile: 518-366-6974
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