19803 Hollis Ave, Saint Albans, NY 11412

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List Price
$965,000
Status
ACTIVE
MLS#
12045750
Full-baths
3
Year Built
1940

Property Description

Mixed-Use Income Producing Property - Strong Cash Flow with Parking Exceptional opportunity to own a well-maintained mixed-use building generating $9,200 in monthly income ($110,400 annually). This property offers a balanced combination of residential and commercial income streams, making it ideal for both investors and owner-operators. The building features two residential units and one commercial storefront, along with a finished basement currently utilized by the commercial tenant, providing additional usable space and value. The first residential unit is a spacious 3-bedroom, a studio apartment, and a ground-floor retail benefits from access to the finished basement for storage or operational use. Situated on a 21 ft x 131.17 ft lot, the building offering efficient use of space while still providing valuable rear parking for up to four cars-a highly desirable feature for both residential tenants and commercial use. With stable income already in place, this property presents a turnkey investment opportunity with strong rental revenue and mixed-use versatility. Property Highlights: Perfect for both users and investors seeking steady income or end-users looking to own a property with built-in revenue.

Additional Information

Basement
Full

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Listing courtesy of NINA SABAG with 5 BORO REALTY CORP