198 Main Street
Salem, NY 12865
5
Bed
6
Bath
4,520Sqft
0.15Acre(Lot)
Right in the heart of Salem village -- and working hard already. This well-maintained mixed-use building offers the kind of versatility that's increasingly rare at this price point in Washington County. Four apartments -- one 2-bedroom and three 1-bedrooms -- sit above two vacant commercial spaces on the first floor, generating $3,200 per month in residential rental income with additional upside potential from the two retail spaces ready for a new tenant or owner-operator. The apartments are updated, functional, and consistently occupied. The 2-bedroom unit rents at $1,000/month, the main floor 1-bedroom at $800/month, and both third floor units at $700/month each. Appliances and mechanicals have been methodically refreshed throughout -- refrigerators and stoves replaced within the last
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 6 Full Baths: 4 Half Baths: 2Room Information
Basement: None -
Flooring Information
Vinyl, Carpet -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Electric, Forced Air Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Wood Siding Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 40X164 Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534 Lot Description: Level
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Listing Price Information
Listing Price: $249777
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Tax Information
Parcel Number: 534800 209.9-1-33 Tax Lot: 33.000 Tax Block: 1 Annual Tax: $3980.76
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Parking Information
Parking Total: 4 Off Street, Detached
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School Information
Elementary School: SalemJunior High School:Senior High School: Salem -
Location Information
Direction: From the intersection of Route 22 and Route 153 in Salem village, head north on Main Street -- the property will be on your left. WaterSource: Public
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ByOwner last updated this listing 07/19/2026 @ 03:07
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