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    433 Route 52

    Carmel, NY 10512
    • $729,000
    • STATUS: Active
    • ON SITE: 74 Days
    • MLS #: H6134917
    UPDATED: 66 min ago
    $729,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Former Lake Carmel Medical Center converted to four family residential rental units with lower level former Nutritionists office and separate eight room Medical office, stand alone building in parking lot.First offering Fantastic investment opportunity. 5 Family building OR Renovate to complete Office Building. Four occupied apartments with tenants. The fifth and sixth medical office spaces are vacant. This is an undervalued opportunity to expand your portfolio. The current income easily supports the debt with the opportunity for expansion by finishing off the previously used Nutritionists office space on the first floor with reception room, admin office, Dr. office and four examination rooms with sinks and rear entrance. Close to shopping and highways on main road with lots of daily traffic and water views but private in rear of property. Currently a 7% cap without the pro-forma of the two vacant units.

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-17T00:17:03.827.
    www.frankschiavone.com/homes/120017711
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    433 Route 52 Carmel, NY 10512

    • Price: $729,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: H6134917
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Kent
    County:
    Putnam
    Area:
    Kent
    School District:
    Carmel
    Property Description
    Former Lake Carmel Medical Center converted to four family residential rental units with lower level former Nutritionists office and separate eight room Medical office, stand alone building in parking lot.First offering Fantastic investment opportunity. 5 Family building OR Renovate to complete Office Building. Four occupied apartments with tenants. The fifth and sixth medical office spaces are vacant. This is an undervalued opportunity to expand your portfolio. The current income easily supports the debt with the opportunity for expansion by finishing off the previously used Nutritionists office space on the first floor with reception room, admin office, Dr. office and four examination rooms with sinks and rear entrance. Close to shopping and highways on main road with lots of daily traffic and water views but private in rear of property. Currently a 7% cap without the pro-forma of the two vacant units.
    Interior Features

    Cooling Window Unit(S) Cooling YN Yes

    Property Features

    Property Sub Type Mixed Use Property Type Commercial Sale Zoning Description Commercial/Residential

    Listing courtesy of Clayton Livingston of Mcgrath Realty Inc.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-10-17T00:17:03.827.
     
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