1970-1976 E E Main Street, Mohegan Lake, NY 10547

$1,350,000

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List Price
$1,350,000
Days on Market
30
MLS#
1046552
Status
ACTIVE
Property Type
Multi Family
Year Built
1962
Property Tax
$18,500
Neighborhood
Mohegan Lake
School District
Lakeland
High School
Lakeland High School
Jr. High
Lakeland-Copper Beech Middle Sch
Elementary School
George Washington Elementary School

Property Description

This unique mixed-use property offers multiple income streams from a fully renovated commercial building with 3 units and four separate residential units—all currently fully rented. Strategically located directly on Route 6 in Mohegan Lake and adjacent to a municipal parking lot, the property offers excellent visibility, accessibility, and convenience for both commercial and residential tenants. The commercial building has been fully updated and renovated, providing a turnkey income-producing space. The residential component includes a fully updated first-floor apartment, a detached two-family building, and a separate fully renovated cottage with its own private driveway and parking. With 7 distinct rental components, full occupancy, and a prime Route 6 location, this property presents a compelling opportunity for investors seeking diversified rental income and long-term appreciation potential.

Additional Information

Parking
Common, Off Street, Parking Lot
Basement
Walk-Out Access
Heating
Hot Water, Oil
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Jayne Morelock (jayne.morelock@randrealty.com) from Listing Office: Howard Hanna Rand Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.