3123 Miner Farm Rd, Altona, NY 12910
This unique Altona, NY property presents a compelling investment opportunity. The 0.21-acre lot features a 3,600 square foot building, encompassing a 1,236 square foot, three-bedroom house and a substantial 22 x 60 foot attached garage. The house boasts a large living room, a kitchen, a full bathroom, and an enclosed porch. Currently rented on a month-to-month basis for $500 per month plus utilities, this property offers immediate income potential. The former funeral home building presents significant redevelopment possibilities for a savvy investor. The expansive square footage and versatile layout offer a wide range of potential uses, from residential conversion to commercial ventures. The substantial garage provides ample storage or workshop space. The property's location in Altona, NY, offers access to local amenities and transportation. This is an exceptional opportunity to acquire a multi-use property with strong rental income and significant upside potential. The property is being sold as-is. Serious inquiries only.
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Brown Funeral Home Inc Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Altona, NYAltona. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.