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This is an excellent opportunity to take ownership of a long-standing and SUCCESSFUL AUTO-REPAIR BUSINESS, as well as the 3-BEDROOM APARTMENT ABOVE, perfect for either generating some extra rental income or as living space for the new owner.
The shop - THIS IS A FULL BUSINESS FOR SALE. Roadrunner Auto is a trusted name that has been serving the community of Roxbury and the surrounding area for 25 years, building a STRONG BASE OF LOYAL LOCAL CUSTOMERS. An EXCELLENT LOCATION right on NY-30 and just outside of Main street Roxbury brings great potential for traveling customers as well. All major shop equipment is to be sold along with the property, including --- two 2-post lifts, scissor alignment rack, John Bean front end alignment machine, Ammco brake lathe, steam cabinet parts washer, Branick wall-mounted spring compressor, 7. 5hp Ingersoll rand compressor, Reznor waste oil furnace, engine crane, underlift transmission jack, R134 A/C charge/recovery machine, Hobart 230amp mig welder, welding/cutting torches with shop owned tanks, smoke machine, NYS inspection machine + license --- THIS IS A REGISTERED REPAIR SHOP AS WELL AS AN OFFICIAL INSPECTION STATION.
The apartment- The well-maintained 3 bedroom apartment with large enclosed deck needs just a few finishing touches before it will be ready to furnish and start living or renting. Brand new electric range/oven and hood are standing by ready to be installed. A new bathtub is also standing by ready to be installed. Windows in the apartment have been recently replaced. There was also work done recently to improve insulation in the attic space. Washer and dryer hookups are ready.
There are separate electric meters - 100amp for the apartment and 200amp for the shop. Town sewer and town water are connected.
Come and see the excellent working/living/renting potential that this property can offer!
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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$325,000
William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $245 | $245 | $245 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,601 | $1,665 | $2,177 |
| Total Monthly Payment | $1,921 | $1,985 | $2,497 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.