1049 River Rd, Selkirk, NY 12158

This exceptional investment opportunity presents a 4,246 square foot mixed-use building situated on a generous 2.3-acre lot in Selkirk, New York. Currently operating as an eight-unit long-term boarding house for veterans, the property offers significant potential for various uses. The main building features a main house with three additional rooms, providing ample space for expansion or conversion. Constructed in 1970, the property benefits from public water and septic systems. Its prime location in Albany County, with the address 1049 River Rd, zip code 12158, presents a compelling opportunity for developers seeking a multifamily investment or a prime industrial development site. The property's size and existing infrastructure make it an attractive prospect for those seeking to capitalize on the growing demand for housing or industrial space in the area. The asking price is $475,000. This is a rare chance to acquire a substantial property with considerable upside potential in a desirable location. The property is located in the Town of Bethlehem.