REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 199,500
Est. payment | /mo
4 Beds
2 Baths
5,388 Sqft Lot
$ 199,500
Est. payment | /mo
4 Beds
2 Baths
5,388 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11997422
Style Duplex
Bedrooms 4
Full Baths 2
Year Built 1910
Annual Tax Amount $3,444
Tax Year 2526
Lot Size 5,388 Sqft
Property Description
HUGE DUPLEX - IMMEDIATE CASH FLOW 16% CAP RATE | GROSS INCOME: $40,680.00 | Fully Renovated Duplex Gross Annual Income: $40,680.00, Cap Rate: 16% - Monthly Gross Income: $3,390.00 Total Taxes: $3444.00. Lot: 5390sf - Apartment sf total: 2030sf - BSMT: 941sf. A fully renovated side-by-side two-family property offering exceptional cash flow with zero immediate work required. PROPERTY FEATURES * 2 bedrooms / 1 bathroom per unit * Current rents: $1,540 + $1,750/month * Detached garage producing $150/month * Private 2-car driveway * Finished attic space in both units * Separate washer/dryer hookups for each unit * Month-to-month leases * Separate living and dining rooms MAJOR 2025 RENOVATIONS * New kitchens * Brand-new appliances * High-grade flooring * New furnace and boiler systems * Brand-new roof * New gutters * Security cameras The combination of strong existing income, a 14.95% cap rate, extensive recent renovations, additional finished attic space, private parking, and garage income provides significantly more value than a typical duplex requiring substantial capital expenditures. Turnkey investment - strong cash flow from day one with no major renovation work needed. Available individually or as part of a multi-property package. Contact listing broker for additional details and showing instructions.
Location
State NY
County 36055
Rooms
Basement Full
Dining Room 1
Kitchen 0
Interior
Laundry 1
Exterior
Parking Features Detached
Garage 1
Building
Water Municipal
Structure Type Frame
Nearby Locations
${companyName}
Phone