Seize this rare opportunity to own a low-maintenance, income-generating property in the heart of Potsdam! Perfectly positioned on the corner of Beal and Munson Streets, this versatile downtown building features ample off-street parking an exceptional asset for both commercial and residential use. Currently leased at $1,700/month, the tenants have just begun Year 3 of a 5-year lease, offering steady, reliable income. These long-term tenants have a proven track record and treat the property with care. Mixed-Use Layout: Originally designed as a professional office and a separate 2-bedroom apartment. A simple modification joined the two spaces, but they can easily be separated again with the addition of a door. Office Side: Includes a welcoming reception area, a spacious open office, two smaller private rooms (currently used as DJ booths), a large rear office, and a utility closet housing a new furnace and water heater (installed in 2024). A bathroom is located just off the reception area. Residential Side: This two-story apartment features a first-floor living room, dining area, and kitchen. Upstairs includes two bedrooms with a full bathroom conveniently located between them. Whether you re a seasoned investor or looking to start your portfolio with a solid asset, this property checks all the boxes: location, reliable rental income, and adaptability.
- Age: 41-50 Years Old
- Amenities: Ceiling Fan
- Amenities: Sky Light
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Exterior Type: Vinyl Siding
- Floors: 2
- Heating System: Natural Gas
- MLSID: 51347
- Parking Spaces: 11