Description
Rare opportunity to own a cash flowing 5-unit apartment building on a nice corner lot. All units are 1 bedroom, 1 bathroom and have their own electric meter, gas meter and hot water tank. Units 1, 3 & 5 share a furnace. Unit 2 & 4 have their own furnace. 1 unit is vacant (unit 4), renovated and ready for a tenant but has been left vacant for showing purposes. There is a hardwired some detector system throughout the entire building. This property also has a 6th gas and electric house meter for common areas and the one shared furnace. Property manager would like to continue to manage this asset after closing since it is so easy to manage if you need a property manager. Electrical boxes in pictures are fuses but are being changed out to updated circuit breakers. Each unit is on its own electric meter. Seller pays all electric but bills can easily be put in the tenants names. Please reach out for financials to show all rents and expenses.
-
5BEDS
-
0.09ACRES
-
0BATHS
-
01/2 BATHS
-
3,893SQFT
-
$54$/SQFT
Description
Rare opportunity to own a cash flowing 5-unit apartment building on a nice corner lot. All units are 1 bedroom, 1 bathroom and have their own electric meter, gas meter and hot water tank. Units 1, 3 & 5 share a furnace. Unit 2 & 4 have their own furnace. 1 unit is vacant (unit 4), renovated and ready for a tenant but has been left vacant for showing purposes. There is a hardwired some detector system throughout the entire building. This property also has a 6th gas and electric house meter for common areas and the one shared furnace. Property manager would like to continue to manage this asset after closing since it is so easy to manage if you need a property manager. Electrical boxes in pictures are fuses but are being changed out to updated circuit breakers. Each unit is on its own electric meter. Seller pays all electric but bills can easily be put in the tenants names. Please reach out for financials to show all rents and expenses.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2023-12-04T08:14:04.967.
Listing information © 2023 CNYIS, GENRIS, WNYREIS. Listing provided by Dante Belmonte of Hunt Real Estate Era : .