496,148 Square Foot Office Space For Sale @ 145 Southside Rd

145 Southside Rd, Margaretville, NY 12455

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Matt K.

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Incredible investment property with six houses, one concrete block garage, two large enclosed pole barns, a lean-to, a small greenhouse and a quarry containing sand, gravel, and cobblestone. Five of six homes are currently rented. Current gross income $42,200. If all homes and exterior buildings are rented at market rents, annual gross income would be approximately $60,000, with expenses of $13,000 and a cap rate of 10%. Sell gravel, sand and cobblestone to improve your income. Attractive site includes mountain views, rock formations, meadows, woods, and a small stream.

Listing company: CBC Corporate

Pricing: $449,000

Availability: Now

Listing ID: 1625550


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Sale Price: $449,000

Size: 496,148 square feet (is divisible)

Type: Office Space

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