12 Railroad Ave Chester, NY 10918-1246
- Investment properties
- 3,600 SF
- 0.06 lot acres
Current Use by Public Records
- Investment properties
Property Details for 12 Railroad Ave
- Year built
- 1930
- Lot size
- 0.06 lot acres
- Property size
- 3,600 SF
- Zone code
- B1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 332201 102-1-32
- APU
- 332201102132
Description
This exceptional investment opportunity presents a well-maintained, fully leased mixed-use property located at 12 Railroad Ave, Chester, NY. The property comprises three distinct units: one commercial storefront and two residential apartments. Each unit benefits from separately metered utilities, simplifying management and maximizing efficiency. All three units are currently occupied by long-term tenants with a proven history of consistent rent payments, ensuring a stable and predictable income stream. The property's turnkey nature minimizes immediate operational demands, making it ideal for investors seeking a hassle-free entry into the real estate market. The building's condition is excellent, reflecting the meticulous care and attention given to its maintenance. This is a rare chance to acquire a profitable, established investment property. Note that this property is being sold in conjunction with an adjacent property (MLS# 6242750), and both must be purchased together. This presents a unique opportunity to acquire a substantial portfolio of income-generating real estate in a desirable location. The combined properties offer significant potential for future appreciation and growth. Detailed financial information and tenant lease agreements are available upon request. This is a truly exceptional opportunity for discerning investors seeking a stable and profitable addition to their portfolio. Don't miss out on this chance to secure a prime investment in the thriving Chester, NY market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Orange
- State
- New York
- Longitude
- -74.2714
- Latitude
- 41.3628
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA