13 Mountain Ave Highland Falls, NY 10928

For the first time in 50 years, a property in Highland Falls is available for sale. This offering includes two commercial buildings situated on a single parcel, comprising a total of 6 units and 9145 square feet. The property features 5 well-maintained residential apartments, totaling approximately 6345 square feet, along with a large storage area currently utilized by the landlord. Additionally, there is a commercial garage unit of approximately 2000 square feet, presently occupied by a contractor. The residential units consist of four 2-bedroom apartments and one 1-bedroom apartment. A walkout basement, currently used by the landlord, presents an opportunity for additional income generation. Residential tenants are responsible for their electric and heating expenses. The commercial garage tenant covers all utilities, including water and sewer. Municipal trash pickup is included in the taxes. Rents are currently below market value, with long-term tenants in place, and all leases are month-to-month. The property is connected to municipal water and sewer services and uses natural gas for fuel. The landlord is responsible for cold and hot water, sewer, school and property taxes, and insurance. Some parking is available on the side of the building for tenants. This income-producing property offers various possibilities and is located just steps from municipal parking, the town center, a park, services, amenities, restaurants, a bank, retail stores, a school, and the main entrance to West Point.