$475,000

405 Sprout Brook Road, Garrison, NY 10524

  • 3 beds |
  • 2 baths |
  • 3,000 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon1.06acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $158/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: Heating Fuel Oil Above Ground.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 914-232-7000
MLS ID:
877867
  • General: Other
  • Basement: Crawl Space
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardOilOther
  • Fireplace: FireplaceFireplaces: 1

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Van Cortlandtville School

Rt 6, Mohegan Lake, NY, 10547

Grades KG-5

2.46 miles away

L

Lakeland-Copper Beech Middle School

3417 Old Yorktown Rd, Yorktown Heights, NY, 10598

Grades 6-8

4.69 miles away

W

Walter Panas High School

300 Croton Ave, Cortlandt Manor, NY, 10567

Grades 9-12

4.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.