Current Use by Public Records
- Fox Ipm Corporation / Landscaping / General Contractor
Property Details for 1046 Portion Rd
- Property type
- Commercial real estate
Description
This exceptional Farmingville, NY commercial property presents a unique investment opportunity. Priced at $739,990, this general commercial building offers significant potential for income generation. The property features three apartments, providing a substantial rental income stream capable of covering mortgage payments, taxes, and utilities. This allows for a low-overhead business model, minimizing your financial risk and maximizing your return on investment. The building also includes ample space behind the structure for truck parking, a valuable asset for various businesses. Note that any existing tree business operating on the premises is not included in the sale. The property's location in Farmingville offers convenient access to major transportation routes and local amenities. This is an ideal opportunity for an investor seeking a hands-off approach to real estate investment with built-in income potential. The property's strong rental income stream makes it a financially sound and attractive proposition. The combination of rental income and the potential for additional commercial use makes this a versatile and profitable investment. Serious inquiries are encouraged to explore this promising opportunity further. The property is located at 1046 Portion Rd, Farmingville, NY. The lot size is not specified. The building's square footage is also not provided.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmingville
- County
- Suffolk County
- State
- New York
- Longitude
- -73.0664
- Latitude
- 40.8349
