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.
| MLS # | 1046552 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Building Name | 1970-1976 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 56 |
| Listing Provided By | Howard Hanna Rand Realty | Jayne Morelock |
| SQ Feet | 4,500 |
|---|---|
| Basement | Y |
| Units | 7 |
| Building(s) | 3 |
| Acreage | 0.14 |
| Cooling | Central Air |
|---|---|
| Heating | Hot Water, Oil |
| Appliances | Electric Water Heater |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Other |
| Lot Features | Level |
| Parking Features | Common, Off Street, Parking Lot |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2022 |
|---|---|
| Tax Assessed Value | 10550 |
| Tax Annual Amount | 18500 |
| Tax Lot | 48 |
| State | NY |
|---|---|
| County | Westchester County |
| City | Mohegan Lake |
| Zip Code | 10547 |
| School District | Lakeland High School |
| Elementary School | George Washington Elementary Sch |
| High School | Lakeland High School |
| Listing VS Median (in 10547) | |
Price: $1,350,000 low | high Med: $649,000 sqft: 4,500 low | high Med: 2,136 $ / sqft: $300 low | high Med: $304 On site: 56 low | high Med: 58.5 | |
| State | NY |
|---|---|
| County | Westchester County |
| City | Mohegan Lake |
| Zip Code | 10547 |
| School District | Lakeland High School |
| Elementary School | George Washington Elementary Sch |
| High School | Lakeland High School |
| Listing VS Median (in 10547) | |
Price: $1,350,000 low | high Med: $649,000 sqft: 4,500 low | high Med: 2,136 $ / sqft: $300 low | high Med: $304 On site: 56 low | high Med: 58.5 | |