Stop! Look! 9.5% Cap Rate! Look no further! This versatile multi-use building presents an exceptional investment opportunity. Great Location on Route 17K (Ward Street) within the charming Village of Montgomery, it enjoys high visibility and traffic. The commercial space features a great spa. Upstairs, a meticulously renovated 2-bedroom apartment awaits, boasting a custom kitchen, tiled bath, new carpets, fresh paint, and convenient washer/dryer hookups. With its income-generating potential and prime location, this property offers a rare chance to own a flexible asset in a sought-after area.
Heating:
Natural Gas, Baseboard, Hot Water
Basement:
Finished, Walk-Out Access
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
Elementary School:
Montgomery Elementary School
High School:
Valley Central High School
School District:
Valley Central (Montgomery)
Appliances:
Electric Water Heater, Refrigerator
165 Ward Street, Montgomery, NY, 12549
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
