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Key Details
Sold Price $167,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $93
MLS Listing ID OD137735
Sold Date 08/28/24
Style Other,SeeRemarks,Fourplex
Bedrooms 4
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1929
Annual Tax Amount $4,045
Lot Size 566 Sqft
Acres 0.013
Property Description
Welcome to this new multifamily listing, featuring four one-bedroom units. This property is located in a desirable neighborhood, making it an excellent investment opportunity for those seeking to expand their real estate portfolio. We all know that housing is a major factor in building your net worth, and now it's your turn to reap the benefits! Numerous updates have been made over the 23 years that this seller has owned this property but it's time for them to let it go. The property also features convenient off-street parking, along with one garage and one carport, making it an attractive option for tenants seeking convenience and comfort. One of the most appealing aspects of this property is its impressive cap rate, offering the potential for a great return on your investment. With a reliable rental history and high demand in the area, this multifamily property is an excellent opportunity for both experienced and first-time investors alike. Don't miss out on the chance to own this fantastic multifamily property.
Location
State NY
County Delaware
Area Hancock-123689
Direction From Hancock village turn onto Leonard St, cross the RR tracks. Make the first left. Property at the end of the street on the right corner
Rooms
Basement Partial
Interior
Heating Gas, Baseboard
Flooring Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Detached
Garage Spaces 1.0
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Garage Yes
Building
Lot Description Residential Lot
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Other, SeeRemarks, Fourplex
Structure Type Frame,Vinyl Siding
Construction Status Existing
Schools
School District Hancock
Others
Tax ID 429.17-4-20
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Financing Conventional
Special Listing Condition Standard
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Bought with Keller Williams Upstate NY Properties
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KW Upstate New York Properties
Broker | License ID: 10991215115
Broker License ID: 10991215115