For Sale
$1,100,000

Mulford StPatchogue, NY 11772

High-income potential, warehouse & home.

Overview

Added:
Feb 3
Days on market:
71
This unique Patchogue, NY property presents a compelling investment opportunity. The property is a mixed-use building currently generating substantial rental income. A warehouse component offers a rental income potential of $2,500 to $3,000 per month, while a separate residential unit generates $4,000 per month in rental income. This translates to a significant annual return for the investor. The property's zoning allows for the potential subdivision of the warehouse, subject to obtaining necessary Village approvals and permits. This subdivision possibility further enhances the property's value and potential for increased income streams. The existing income-generating components provide immediate cash flow, minimizing risk for the buyer. Whether the buyer chooses to maintain the current setup or pursue the subdivision option, this property offers a rare chance to capitalize on a high-demand market. The property's location in Patchogue offers convenient access to local amenities and transportation. This is an exceptional opportunity for both seasoned investors and owner-occupants seeking a lucrative and versatile property. The property is being offered at $1,100,000. Serious inquiries only.

Property Details for Mulford St

Property type
Mixed-use properties

Location Insight

City
Patchogue
County
Suffolk
State
New York
Latitude
40.75809
Longitude
-73.01296
Mulford St, Patchogue, New York

FAQs

What type of property is this?
Mixed-use property - High-income potential, warehouse & home.
Where is the mixed-use property located?
The property is located at Mulford St Patchogue, NY.
What is the asking price?
The asking price for this property is $1,100,000.
How can I contact the broker?
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Mulford St
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