11-13 William St, Bath, NY 14810

This exceptional mixed-use property, located at 11-13 E William St in Bath, NY, presents a compelling investment opportunity. The 12,320 square foot building, constructed in 1910 and situated on a 0.27-acre lot, boasts a strong 11.00% capitalization rate and a net operating income (NOI) of $74,416. The asking price is $675,000, translating to $54.79 per square foot. The property is zoned COMM and comprises a single, two-story building. Income streams are diversified across multiple uses. A well-equipped laundromat occupies a portion of the ground floor, alongside office space and salons. Upstairs, eight apartments generate rental income, with seven recently updated. The building benefits from a new roof installed in 2022. This prime downtown Bath location offers excellent visibility and accessibility, making it an ideal investment for those seeking a stable and high-yielding property with multiple income streams. The property's strong financial performance, combined with its diverse tenant base and recent improvements, makes it a truly attractive proposition. This is a rare chance to acquire a well-established, profitable mixed-use building in a desirable New York location. The property's combination of commercial and residential units provides a balanced and resilient income stream. Don't miss this chance to own a piece of downtown Bath.