1 Drillers Ln Montgomery, NY 12549-2634

This exceptional Montgomery, NY investment property offers a unique blend of industrial and residential income streams. Situated on a 4.04-acre lot zoned I-1, the property includes a variety of buildings ideal for diverse uses. A 40x60 garage features two 14-foot overhead doors, a concrete floor, employee restroom, and a 450 sq ft attached office. Above the garage is a 780 sq ft apartment with a screened porch. Additionally, a modern 3-bay garage (3,800 sq ft) boasts 16-foot ceilings and three 14-foot high drive-in overhead doors. A new pre-engineered steel building is planned for construction. Ample paved parking is available. The property also includes a 1,596 sq ft updated ranch-style home with three bedrooms, two bathrooms, and a detached two-car garage. Both residential units are currently leased month-to-month, providing immediate rental income. The industrial buildings offer a 16-ton floor load capacity. This multifaceted property presents a compelling investment opportunity with significant potential for growth and return. The combination of industrial space and income-producing residential units creates a diversified and attractive investment portfolio. The I-1 zoning allows for a variety of industrial uses, including truck, auto, and equipment repair, or other related businesses.