66 Main Street

Here's your opportunity to invest in the thriving Catskill Mountains village of Stamford, NY! Historically billed as the Queen of the Catskills,'' this quaint Victorian community still boasts architecture and aesthetics of days gone by. Significant investments in local infrastructure, retail, and residential properties continues to encourage positive growth up and down Main Street. This property is the ideal mixed-use space for an investor seeking a balance of residential and retail tenants. Looking for a location to set up your store, workshop, or restaurant? Then this building has a spot for you. Let the four nicely updated and spacious apartments occupied by long-term, reliable tenants help to offset your carrying costs. Or take advantage of the cash flow when you rent the two commercial units, too! Despite the fact that the rents could be much higher, this property still boasts a cap rate of more than 10%, ensuring that there is a potential for a sizeable return on investment. With a newer roof, windows, heating system, and countless other upgrades, this property is turn-key. Customers and tenants will appreciate the convenient parking in the lot immediately adjacent to the building, which is included in the sale. This building is in close proximity to shopping, public library, swimming pool, and school. Perched on the northwest slopes of the Catskills at the headwaters of the West Branch of the Delaware River, Stamford is a nature lover's paradise. The village is at the mid-point of the Catskill Scenic Trail, a public multi-use trail following the path of a former railroad from Bloomville to Grand Gorge. Surrounded by hiking trails, fishing and hunting opportunities, and nearby ski centers this area has much to offer visitors and residents alike.