84 Cimarron Rd Monticello, NY 12701

This exceptional Monticello property offers a unique blend of commercial and residential income streams. The 4,358 square foot building sits on a 0.29-acre lot and boasts a recently renovated commercial space currently leased for $1,900 per month, with a potential increase to $2,500 per month starting October. Recent upgrades include fresh exterior painting (2023), a new roof (2022), a pressure tank (2023), a well pump (2024), and a new hot water heater. The commercial space also features a new sub-pump. The residential apartment, currently rented for $1,450, has undergone recent improvements including fresh interior paint, new flooring, and a new range. Modernization extends to new plumbing and the installation of Fujitsu mini-split AC/heat units. The basement has been enhanced with new windows. This turnkey property enjoys a prime location near the casino and shopping, with convenient access from Route 17. The owner is open to considering financing options for qualified buyers. This presents a compelling investment opportunity with strong rental income and significant upside potential. The combination of commercial and residential income provides a diversified revenue stream and a solid return on investment.