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Listed by Greg T Buckley • Barkley Real Estate LLC

$ 389,500

Est. payment -/mo

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Active

219 N Main Street Salem, NY 12865

4 Baths

5,319 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,319 sqft

Price per Sqft $73

MLS Listing ID 202515946

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,031

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 58' x 129'

Property Sub-Type Mixed Use

Source Global MLS

Property Description

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.

Location

State NY

County Washington

Zoning Commercial

Direction Downtown Salem at the corner of Railroad Street and S. Main Street. Located diagonally across the street from Stewart's.

Interior

Interior Features High Speed Internet, Chair Rail

Heating Baseboard, Electric, Hot Water

Flooring Vinyl, Hardwood

Inclusions Building & Land

Exterior

Exterior Feature Lighting

Parking Features On Street

Porch Enclosed

Building

Sewer Septic Tank

Water Public

New Construction No

Schools

School District Salem

Others

Tax ID 534800 208.12-2-3

Empire Real Estate Firm LLC

Broker

+1(518) 662-7653 | admin@empirerealestatefirm.com

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