219 N Main Street
Salem, NY 12865
Active
$389,900
Listing by:
Greg T Buckley
Barkley Real Estate LLC
508-614-0016
Turnkey, income-producing mixed-use investment opportunity with current gross rental income of $4,200 per month and potential for future income growth. The property has undergone extensive renovations, making this an attractive addition to any investment portfolio. The commercial space is currently leased to Matelli's Taverna, providing established rental income. Upstairs are two spacious, well-maintained apartments--one 2-bedroom unit and one 3-bedroom unit--offering additional residential income. With a strong mix of commercial and residential tenants already in place, this property offers immediate cash flow, multiple income streams, and room to increase returns. An excellent opportunity for investors seeking a renovated, established mixed-use property.
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