145 - 377 Southside Road, Margaretville

$449,000

10 Beds
6 Baths
8,500 Sqft
11.39 Acres
4 Garages

A charming road leads to this unique, 11-acre property featuring six houses, one concrete block garage, two large enclosed pole barns, a lean-to, a small greenhouse and a quarry containing sand, gravel, and cobblestone. All of this is sited on land featuring mountain views, rock formations, meadows, woods, and a small stream. Multiple dwellings + nature (and a quarry!) = ??? You decide! Use your imagination to dream up ways to best utilize this assemblage of buildings and natural attributes. For investors, this is an incredible opportunity to own a large income-producing property with multiple structures. If all homes & exterior buildings are rented, annual gross income is approximately $60,000, with expenses of $13,000 and a cap rate of 10%. 8500 square feet for both commercial and residential buildings.

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