Fully occupied 4-unit with immediate income and clear upside. This long-held investment property has been operated conservatively, with long-term occupancy and current gross annual income of nearly $30,000. Rents appear to be below current market potential, giving the next owner an opportunity to improve performance over time through gradual rent increases and expense review. Features include separate heating/furnaces, laundry income, and a double lot. Rare 4-unit option for an investor seeking a steady multi-unit property with plenty of room to grow. Utilities included in listed rent. Listing agent related to seller.
109 days
|
9
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Southern Tier & Finger Lakes607-795-2900,
Paul OBrien607-316-6468
Source: NYSAMLSs,MLS#: R1671293Originating MLS: Elmira Corning Regional Association Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Electric, Gas, Forced Air
Appliances
Included: Electric Water Heater, Gas Water Heater
Features
Flooring: Carpet, Laminate, Varies
Basement: Partial
Has fireplace: No
Interior area
Total structure area: 4,350
Total interior livable area: 4,350 sqft
Property
Parking
Parking features: Two or More Spaces
Accessibility
Accessibility features: Accessible Entrance
Features
Levels: Two
Stories: 2
Patio & porch: Balcony, Covered, Porch
Exterior features: Balcony
Lot
Size: 5,501 Square Feet
Dimensions: 50 x 110
Features: Rectangular, Rectangular Lot, Residential Lot
Details
Additional parcels included: 79.17152
Parcel number: 07040007901700010510000000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex, Multi Family
Materials
Brick, Frame
Foundation: Block, Stone
Roof: Shingle
Condition
Resale
Year built: 1900
Utilities & green energy
Sewer: Connected
Water: Not Connected, Public
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available