| Details | 4 fam, AC, Lot Size: 3.42 acres, 2 Units in the building |
| Construction Year | 1999 |
| Taxes (per year) | $27,608 |
| Fuel Type | Gas |
| Air Conditioning | Central Air |
| Basement | Full basement |
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Prime investment opportunity in Mahopac, NY offering 3.4 acres with income-producing tenant and development potential. 10 Bon Miller Rd, a unique property located just off Route 6 yet in the heart of Mahopac and Town of Carmel. This exceptional offering features two buildings totaling 14,242 square feet with a mix of current income and outstanding development potential. The rear building, constructed in 1999 is currently leased to a national tenant who occupies 45% of the space and is in year 7 of a 15 year lease. This tenant is responsible for 100% of property maintenance, landlords insurance, and their proportionate share of real estate taxes, providing a reliable and low-maintenance income stream for the new owner. An additional second-floor walk-up office space is currently available for lease, offering upside for increased cash flow. Additionally, there is a possibility that this can be converted to multi-family use, subject to approvals making this property a standout opportunity for investors and developers.
The front building is a 2,772 sq ft residence that has been completely gutted and is ready for a full renovation. The zoning allows for multi-family use with 500 sq ft minimum per unit, offering significant redevelopment potential.
This property is a must see.