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165 Ward Street

Montgomery, NY 12549
  • $495,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 819667
UPDATED: 172 min ago
$495,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1870
County:
Area:

School Information

Description

Stop! Look! 9.5% Cap Rate! Look no further! This versatile multi-use building presents an exceptional investment opportunity. Great Location on Route 17K (Ward Street) within the charming Village of Montgomery, it enjoys high visibility and traffic. The commercial space features a great spa. Upstairs, a meticulously renovated 2-bedroom apartment awaits, boasting a custom kitchen, tiled bath, new carpets, fresh paint, and convenient washer/dryer hookups. With its income-generating potential and prime location, this property offers a rare chance to own a flexible asset in a sought-after area.

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© 2025 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 Keller Williams Realty NYC Group. Data last updated: 2025-03-24T00:17:28.16.
www.padernachtrealestate.com/homes/159949162
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165 Ward Street Montgomery, NY 12549

  • Price: $495,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 172 min ago
  • MLS #: 819667
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1870
Built
Neighborhood:
Montgomery
County:
Orange
Area:
Montgomery
Elementary School:
Montgomery Elementary School
High School:
Valley Central High School
School District:
Valley Central (Montgomery)
Property Description
Stop! Look! 9.5% Cap Rate! Look no further! This versatile multi-use building presents an exceptional investment opportunity. Great Location on Route 17K (Ward Street) within the charming Village of Montgomery, it enjoys high visibility and traffic. The commercial space features a great spa. Upstairs, a meticulously renovated 2-bedroom apartment awaits, boasting a custom kitchen, tiled bath, new carpets, fresh paint, and convenient washer/dryer hookups. With its income-generating potential and prime location, this property offers a rare chance to own a flexible asset in a sought-after area.
Exterior Features

Construction Materials Frame Lot Features Sloped Parking Features Off Street Property Attached YN No Road Responsibility Public Maintained Road Stories Total 3 Waterfront YN No

Interior Features

Appliances Electric Water HeaterRefrigerator Basement Details FinishedWalk-Out Access Basement YN No Cooling None Elevator YN No Entry Level 3 Number Of Heat Units 1 Number Of Heating Zones 3

Property Features

Additional Parcel YN No Annual Rental Income 57300 Building Area Total 2314 Electric Company Central Hudson Gross Income 57000 Heating Natural GasBaseboardHot Water Insurance Expense 1320 Net Operating Income 49680 Number Of Separate Electric Meters 2 Operating Expense 7320 Permitted Uses MixedOfficeResidentialRetail Property Condition Estimated Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Street View Param 1$41.525978$-74.233973$275.01$13.33$1.00$-il36URaGtB9mC-vTPcpEg Tax Annual Amount 5381 Tax Source Municipality Usable Area 2314.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableTrash Collection PublicWater Available Village Montgomery Water Access YN No Water Source Public Zoning Multi-Use

Listing courtesy of Lawrence P. Curasi of Curasi Realty, Inc.: 845-457-9174
© 2025 OneKey MLS. All rights reserved.


© 2025 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 Keller Williams Realty NYC Group. Data last updated: 2025-03-24T00:17:28.16.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469