Discover an incredible investment opportunity in the heart of the Village of Montgomery, NY! This three-story mixed-use building features two prime commercial storefronts on the ground level, currently operating as a bustling pizzeria and restaurant. The lively atmosphere and established clientele make this a perfect spot for any entrepreneur looking to thrive in a vibrant community. Above the storefronts, you'll find four spacious two-bedroom, one-bathroom residential apartments. While these units require full renovation, they offer immense potential for rental income or personal use, with the charm of historic architecture waiting to be restored. Situated in a growing area, this property is surrounded by local shops, dining, and easy access to public transportation. With a little vision and investment, this mixed-use building can be transformed into a profitable venture. Don't miss out on the chance to shape the future of this property schedule your showing today!
102-108 Clinton Street, #102, Montgomery, NY, 12549
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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