This well-maintained commercial property offers a rentable building area of 3,100 sqft and generates an annual income of $76,800. With a Net Operating Income (NOI) of $52,100, and property taxes at 19,000 annually, this investment provides a solid 6.5% Cap Rate. Ideal for investors seeking consistent income with excellent returns, this property combines location, quality, and financial strength. Don''t miss out on this opportunity to add a high-performing asset to your portfolio!This well-maintained commercial property offers a rentable building area of 3,100 sqft and generates an annual income of $76,800. With a Net Operating Income (NOI) of $52,100, and property taxes at 19,000 annually, this investment provides a solid 6.5% Cap Rate. Ideal for investors seeking consistent income with excellent returns, this property combines location, quality, and financial strength. Don''t miss out on this opportunity to add a high-performing asset to your portfolio!
Details:
Families:
2
Property Type:
Commercial
Built:
1951
Financials:
Price:
$799,000
Taxes:
$19,000
Keller Williams Realty of Greater Nassau Haldun Yavas Office: 516-873-7100
![[West Babylon Real Estate, listing number 2503488]](https://www.vlshomes.com/images/full/2503488a.jpg)