Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
B1 · Chester, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B1 in Chester, NY.
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Find the owner behind the property.
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