DOWNTOWN STOREFRONT WITH 2 APARTMENTS INVESTMENT PROPERTY IN CANAJOHARIE NY ..CLOSE TO I-90 (THRUWAY EXIT 29) 3 HRS TO NYC , 4 HRS TO NIAGARA FALLS & 3 1/2 HRS TO MONTREAL AND 1 HOUR TO SARATOGA . PROPERTY HAS 3 UNITS . A STORE FRONT WITH A LARGE SHOW WINDOW TO DISPLAY PRODUCTS , A 5 BEDROOM 2 STORY APARTMENT AND A 2 BEDROOM 2 STORY APARTMENT , APARTMENTS WERE RECENTLY RENTED OUT AT $750 & $650 A MONTH FOR A TOTAL OF $1,400 A MONTH . STORE FRONT COULD ALSO BE RENTED OUT TO BRING UP YOUR MONTHLY TOTAL. THE FIRST 2 MONTHS RENT HAVE YOUR TAXES PAID LEAVING YOU WITH $14,000 FOR YOUR MORTGAGE AND OTHER EXPENSES RENT OUT THE STORE FRONT AT $500 TO ADD ANOTHER $6,000 TO YOUR YEARLY INCOME BRINGING YOUR TOTAL UP TO $20,000 . OUT OF THE AREA OWNER HAS PUT IN A NEW BOILER AND WATER HEATER IN UNIT 5, UNIT 3 NEEDS TO BE CLEANED AND SERVICED AND UNIT 1 A POSSIBILITY OF HAVING TO BE REPLACED, OWNER HAS DONE SOME COSMETIC INTERIOR WORK , OWNER HAS PRICED THE BUILDING SO THE NEW OWNER CAN FINISH THE LAST OF THE COSMETIC WORK. BUILDING IS IN WALKING DISTANCE TO LOCAL SHOPPING , RESTAURANTS, LIBRARY, BANKING, AND A LOCAL MARINA ON THE HISTORIC MOHAWK RIVER /ERIE CANAL. VILLAGE ROADS HAVE BEEN REPAVED OVER 5 YEARS AGO WITH NEW SIDEWALKS AND STREETLIGHTS , THE BRIDGE TO CROSS THE MOHAWK TO PALATINE BRIDGE IS ALSO BEEN IMPROVED AND REPLACED IN RECENT YEARS...ROUTE 5 AND ROUTE 10 GO THROUGH THE VILLAGE OF CANAJOHARIE WITH ROUTE 5S RUNNING THROUGH PALATINE BRIDGE , ROUTE 20 IS ABOUT 12 MILES FROM CANAJOHARIE. ABOUT 30 MINS TO HISTORIC COOPERSTOWN ,HOME OF THE NATIONAL BASEBALL HALL OF FAME. OUT OF AREA OWNER IS MOTIVATED TO SELL
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