328232 FRANKLIN

V Millbrook, NY, 12545

$1,525,000

$1,525,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1888
Prime retail opportunity on Millbrook's main street with A+ tenant in place. An excellent income investment opportunity consisting of two retail spaces and 4 apartments (two one-bedroom apartments, a two-bedroom apartment and a studio). Retail space approx 1950sf and second retail space approx 500sf. This building has been maintained and is in very good condition. Turnkey, prime corner location with large window displays in the heart of Historic Millbrook! Currently this property has a 6% cap rate.
MLS® ID:
407986
Listed:
5/14/22
Updated:
8/8/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air, Ceiling Fan
Heating
Oil

Exterior/Building Features

Architectural Style
2
Roof
Asphalt Shingles
Sewer
City Sewer, City Water

School Information

School District
Millbrook Central
High School
Millbrook High School
Elementary School
Alden Place Elementary School

Other Property Details

Area Name
DUTCHESS COUNTY
Taxes
$17032
Tax Frequency
per YEAR
Garage
Yes
Parking
Street
View
N
County
Dutchess County
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
8/3/22
Price Change
$1,525,000
-12%

Courtesy of HOULIHAN LAWRENCE INC. ML, OLIVER BROWN

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HW Guernsey shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:13 PM UTC, 8/8/22

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