3 Beds
2 Baths
2,224 SqFt
3 Beds
2 Baths
2,224 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $447
MLS Listing ID R1717394
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1878
Annual Tax Amount $22,203
Lot Size 0.299 Acres
Acres 0.299
Lot Dimensions 66X197
Property Sub-Type Multi Family
Property Description
The portfolio has maintained very low vacancy and generates $182,000 in annual gross rental income, with net income of $106,700. At a projected 10.72% capitalization rate, it offers substantial current income along with potential to improve performance through property updates and future rent growth.
Property conditions range from average to above average, with some deferred maintenance presenting opportunities for an investor to add value. The buildings are located within walking distance of local employers and everyday amenities, supporting continued rental demand. For a buyer seeking to expand an existing portfolio or acquire multiple income-producing properties in one transaction, this package merits a closer look.
Location
State NY
County Chenango
Area Oxford-Village-084601
Direction Multiple locations
Rooms
Basement Full, Partial
Interior
Heating Gas, Propane, Oil, Baseboard, Forced Air
Flooring Carpet, Hardwood, Tile, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Blown-In Insulation,Other,Vinyl Siding,Wood Siding
Construction Status Existing
Schools
School District Oxfordacademy And Central
Others
Senior Community No
Tax ID 084601-182-120-0003-013-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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Licensed Real Estate Salesperson License ID: 10401364793
+1(585) 771-7582 | mbernierrealty@gmail.com