3764 Wood Street | Yorktown
This exceptional investment opportunity features a mix of residential and commercial properties, ideal for income generation and future development. The is 3 properties on 1 lot .1) 3764 Wood Street, House was totally renovated 2022- 2023, portfolio includes a three-bedroom/ three-bath, laundry private parking and amazing scenery of the Oceola rent $3175 per month tenant pays all utilities. Lower level is 1-BD Apartment, rent $2000 per month, Tenant pays all Utilities with its own amenities 2) 412 E Main Street, Property 1-BD cottage house, $1600 per month, Tenant pays all utilities with its own amenities, has basement with utilities and washer/dryer for all 4 -tenants. 3) 406 E Main street, Additionally, a bar/restaurant, currently non-operational, Owner did clean up fix siding, put retaining wall on the side of the Bar/restaurant and fix the parking lot, presents a chance for significant value enhancement. Above the bar, there are two residential units, 2BD $2500 PER MONTH, 1BD $1800, Bar /Restaurant is vacant now, market value rent $6500, The property offers ample land with parking for 10-15 cars near the bar/restaurant and additional spaces for the duplex, enhancing accessibility for customers. Located near Osceola Lake, this portfolio benefits from recreational appeal, making it attractive. With existing leases in place, the investment boasts strong income potential a cap rate now of 5.9 %, this doesn't include the Bar/Restaurant,$6500 Estimated income per month. Also includes adjacent property at 3764 Wood St Tax ID 55540000601700010710000000 Additional Information: Heating Fuel: Oil Above Ground, OneKeyMLS 928947
Directions to property: Take Route 6 to Route 6 North. Continue on 6 North to East Main Street. The property will be on your left; look for house #412, across from Osceola Lake.
