J. Michael Caprio

94-98 S Main Street, Castleton, NY 12033

New - 1 Hour Ago
View Full Photo Gallery

Property Description

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.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.

94-98 S Main Street | MLS# 202618541

This commercial property located at 94-98 S Main Street, Castleton, NY 12033 is currently listed for sale with an asking price of $695,000. Search Castleton real estate on michael-caprio.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Commercial - Industrial
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air, Ductless
Heating: Baseboard, Ductless, Electric, Forced Air, Natural Gas
Lot Size: 0.07 Acres
Roof Type: Rubber
Taxes: $9,922

Feature Descriptions

Exterior: Brick
Flooring: Tile, Vinyl, Hardwood
Lot Dimensions: 48.5x65
Parcel #: 384401 198.19-2-1
Parking: On Street
Parking Total: 0
Sewer: Public Sewer
SQFT Building Total: 7500
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Miranda Real Estate Group Inc
Agency Phone: 1 518-348-2060

Shown By

Agent Name: J. Michael Caprio
Agent Phone: (518) 369-8080 Cell
Agency Title: Coldwell Banker Prime Properties

IDX logo

Login to My Homefinder

Pixel