Rare find great potential investment property for sale @ 1502 Main Street Port Jefferson in Suffolk County. The existing dry-cleaning tenant pays $4,456 monthly with 3% yearly increase and three years lease remaining. The tenant pays property tax @ $10,131.76 plus Village Tax @ 1,410.32 and all the utilities. The seller pays building insurance of $3,650 ONLY, nets $49,822 yearly, it generates 6% plus cap. Private driveway with five private parking spots for its owe customers. Can't miss the opportunity to own this money maker.
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Multi Units
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Listing Courtesy: Tiger Realty Group Inc - 917-708-9966