6 Beds
3 Baths
3,456 SqFt
6 Beds
3 Baths
3,456 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $49
MLS Listing ID S1715608
Style Triplex
Bedrooms 6
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,730
Lot Size 2,356 Sqft
Acres 0.0541
Lot Dimensions 47X50
Property Sub-Type Multi Family
Property Description
Bring your investment vision to this 3-unit property with immediate rental income and significant upside potential. The front 1-bedroom apartment is currently rented for $800/month plus utilities, while the rear 1-bedroom and spacious upstairs 4-bedroom apartment are available for a new owner to lease, providing an opportunity to increase rental income up to $36,000 per year or more. The front 1-bedroom unit features a kitchen, living room and bath and currently rents for $800/month plus utilities. The rear 1-bedroom unit offers a kitchen, living room and bath. The upstairs 4-bedroom unit includes a kitchen, living room and bath. Separate utilities allow tenants to pay their own utility costs. BONUS — ADDITIONAL LOT INCLUDED! The adjoining 37' x 75' lot conveys with the property, providing valuable additional space for parking, play area, gardening or other permitted uses including maybe a tiny home to generate more income. Don't miss this opportunity to add a 3-unit property to your portfolio with room to grow the income. See it, run your numbers and make your offer! If you've been looking for an investment property with both current income and future rental upside, schedule your showing now — don't wait until the offer deadline!
Location
State NY
County Cortland
Area Cortland-110200
Direction Second building on the right after Main St. Extra lot is to the left of the building for parking.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Porch Covered, Porch
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
Elementary Schools Other - See Remarks
Middle Schools Other - See Remarks
High Schools Cortland Junior-Senior High
School District Cortland
Others
Senior Community No
Tax ID 110200-086-082-0001-027-000-0000
Acceptable Financing Cash, Conventional, Owner Will Carry, Rehab Financing
Listing Terms Cash, Conventional, Owner Will Carry, Rehab Financing
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1715608
Nearby Locations
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+1(585) 201-6526 | homesbyeggie@gmail.com