13 Mountain Ave Highland Falls, NY 10928

For the first time in 50 years, a mixed-use property in Highland Falls is available for sale. The property features two commercial buildings on a single parcel, comprising a total of 6 units and 9145 square feet. There are five well-maintained residential apartments, totaling approximately 6345 square feet, along with a large storage area currently utilized by the landlord. Additionally, there is one commercial garage unit, spanning approximately 2000 square feet, presently used as a contractor's space. The residential units consist of four 2-bedroom apartments and one 1-bedroom apartment. The walkout basement is currently used by the landlord but offers potential 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. Limited parking is available on the side of the building for tenants. The income-producing property offers various possibilities and is conveniently located just steps from municipal parking, the town center, parks, services, amenities, restaurants, a bank, retail stores, a school, and the main entrance to West Point.