785 Main Street, Margaretville
THE COMMONS BUILDING . . . an outstanding 14,000 +/- sq. ft. commercial investment opportunity located in the destination town of Margaretville, in the Heart of the CATSKILLS . . . features 11 commercial rentable units, 1 restaurant, plus . . . an additional 3rd floor space of unfinished 4000 +/- sq. ft. possibilities. Current gross ANNUAL INCOME is $70K, with approximately $38K of expenses --- current NET INCOME is approximately $32K/year. Of note for the history enthusiast, this distinctive building enjoys a NOTEWORTHY LEGACY . . . starting as 2 separate buildings around 1850. One was an ODDFELLOWS LODGE . . . the other a DRY GOODS and GROCERIES store run by George G. Decker. In 1940's, the two structures were connected to become a GENERAL STORE. Location - Location - Location! Just off The CATSKILL Mountains SCENIC BYWAY, in the noteworthy and charming village of Margaretville, THE COMMONS is just minutes to all the major tourist destinations: Belleayre and Plattekill Ski Centers, the Pepacton Reservoir, the Round Barn FARMERS' MARKET and the Hanah and Shepard Hill golf courses. Get in on the current Catskill renaissance: The CATSKILL MOUNTAINS, just listed as one of the top 11 global'' destinations by AirBnB for 2019!!
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.