$95,000
$99,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2,030 SqFt
SOLD DATE : 04/20/2023
Key Details
Sold Price $95,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $46
MLS Listing ID OD134564
Sold Date 04/20/23
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $1,767
Lot Size 0.270 Acres
Acres 0.27
Property Description
PRICE REDUCED. Currently boasting over a 25% Capitalization rate with an amazing rental history! Great location right in the heart of Sidney, close to Route 7 and I-88, and just steps to the park & Susquehanna river. This property would be a great addition to anyone's portfolio, generating over $30,000 per year in income. There is also a lot of room on the rent roll, as the current owner has not raised rents in 10+ years, this can easily generate a 20% return. All that and nearly finished with a fresh coat of paint. What's not to like! Opportunities like this do not come around often and this one is sure to go quick, now scheduling showings! Additional pictures coming soon. Listing agent related to seller.
Location
State NY
County Delaware
Area Sidney-125089
Direction From Oneonta: Take I-88 West to exit 9, merge on to NY-8 and River St will be on the right approximately 1.5 miles up, property is on the right.
Interior
Heating Electric
Flooring Laminate, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Garage Spaces 3.0
Utilities Available Sewer Connected, Water Connected
Roof Type Metal
Parking Type Common, Detached
Garage Yes
Building
Foundation Stone
Sewer Connected
Water Connected, Public
Structure Type Frame,Wood Siding
Construction Status Existing
Schools
School District Sidney
Others
Tax ID 115.11-7-5
Financing Cash
Special Listing Condition Standard
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Bought with Keller Williams Upstate NY Properties