219 N Main St

Salem, NY 12865
  • $389,900

    Price
  • 5

    Bed
  • 4

    Bath
  • 5,319

    SqFt

About the Listing o2182C - 38439,9902

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.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 202624951
Year Built 1900
Total Square Footage 5,319
Lot/Acreage 0.11
County Washington
School District Salem
Elementary School Salem
High School Salem

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full / 2 Half
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Electric,Hot Water
  • Fireplaces:
  • Floor: Vinyl,Carpet,Hardwood
  • Above Ground Sq Ft: 5319
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other: High Speed Internet,Chair Rail
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 58' x 129'
  • Zoning: Mixed
  • Roof: Rubber,Asbestos Shingle
  • Others:
  • Sewer: Septic Tank

Financial Details

  • Tax Amount: $5,147
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 534800 208.12-2-3
  • Tax Year: N/A

Payment Calculator

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219 N Main St Salem, NY 12865

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Originating MLS: Global MLS

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