Price Reduced 7.14%
Price History
$1,400,000
4/7/2025
$1,300,000
5/2/2025
631 State Route 17K, Montgomery, NY, 12549
1940
Prime Investment Opportunity – Fully Leased Restaurant & Income-Generating Apartments! Located in a high-visibility, prime location, this mixed-use property offers a well-established restaurant with a long-term lease, providing immediate rental income. The sale includes all restaurant equipment, making it a seamless investment. Above the restaurant, you'll find four income-producing apartments: two spacious 2-bedroom units, one 1-bedroom unit, and a large 4-bedroom apartment with a sunroom—a fantastic opportunity for additional revenue. The property features newer septic and leach fields, new windows, ensuring peace of mind for years to come. Don't miss this incredible investment opportunity with built-in income! **Call today for financials and more details.**
Status:
Active
Type:
Commercial
Units:
5
Heating:
Baseboard, Electric, Radiant
Cooling:
Central Air, Varies by Unit, Wall/Window Unit(s)
Levels:
2
Acreage:
0.37
Est. Taxes:
$8,598
Assessment
$166,800
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Lot Description:
Corner Lot, Level, Near Public Transit, Near School, See Remarks
Elementary School:
Berea Elementary School
Middle School:
Valley Central Middle School
High School:
Valley Central High School
School District:
Valley Central (Montgomery)
Days on Market:
25
MLS #:
839585
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Picture It Sold, LLC Phone: 845-283-5494