Skip to main content

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.

$389,900
5.0
Bedrooms
2
Bathrooms
5,319
Sq. Ft.
$ 73
$/Sq. Ft.
0.11
Acres
Year Built:
1900
County:
Washington
School District:
Salem
Acres:
0.11
Listing Agent:
Greg T Buckley
Listing Office:
Barkley Real Estate LLC
CONTACT A
BUYER'S AGENT

Connect with a local buyer's agent who advertises with Albany.com


Features

Square Feet: 5,319
Town: Salem
Bedrooms: 5
Full Bathrooms: 2
Estimated Taxes: $5,147
Water: Public
Sewer: Septic Tank
Heat: Baseboard, Electric, Hot Water
Garage: 0
Property Style: Other
Exterior: Vinyl Siding, Wood Siding
Cooling: None
Parking Spaces: 0
Zoning: Mixed

Location



Did we miss one? Did one of these places close? Send us a note!