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Listed by James Watters of 422 Commercial Realty
ANOTHER 422 OPPORTUNITY !!! Commercial property in Gilbertsville on Route 73 housing a martial arts school/gym and an occupied residential rental. Martial arts school owner requires a 1-2-year lease back @ $2000/month to see a couple students through their training careers. If you're an investor, this is great; if you're a user you ll have to wait 1-2 years to occupy. Front portion has a basement and stairs to a semi-finished attic. Efficiency apartment could possibly be made into larger unit obtaining more income. Large parking lot. Current apartment income is $1500 per month. 1500 +2000/month =$42000/year. Taxes: $6205. Please see building footprint measurement diagram and video short by clicking on appropriate icon at top.

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