$135,900
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6,664 SqFt
SOLD DATE : 10/14/2022
Key Details
Sold Price $135,900
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,664 sqft
Price per Sqft $20
MLS Listing ID R1394243
Sold Date 10/14/22
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,312
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 86X361
Property Sub-Type Other
Property Description
Investors opportunity! Rare 5 unit rental property on large village lot includes a separate 3 bedroom house and barn with huge yard that borders Mill Stream.
Great potential for owner occupied or to generate a second income!
Unit 1 is owners electric and common area.
Main house has 4 fully rented units all with long term month to month tenants.
Three 2 bedrooms and one 3 bedroom.
Apt 3 (3 bed) rents $625.plus all utilities.
Apt 4 (2 bed) rents $640.tenant pays electric landlord pays heat
Apt 5 (2 bed) rents $660.tenant pays electric landlord pays heat
Apt 6 (2 bed) rents $650.tenant pays electric landlord pays heat
Back 3 bedroom house is vacant but was rented for $775 plus all utilities until 3/1/22.
All units could use updating but some recent updates include New windows in apartments 4 & 6 in 2018.
2 new hot water heaters in 2018,2 new water heaters in 2019, new rubber roof on back of main house June 2020.
This is truly a great opportunity for the right investor!
Location
State NY
County Cayuga
Area Moravia-Village-054201
Direction Main St to Church St.House is on your left.
Body of Water Other
Rooms
Basement Exterior Entry, Partial, Walk-Up Access
Interior
Interior Features Ceiling Fan(s), French Door(s)/Atrium Door(s), Natural Woodwork, Bedroom on Main Level
Heating Gas, Other, See Remarks, Zoned, Baseboard, Electric, Hot Water
Cooling Zoned
Flooring Carpet, Hardwood, Other, See Remarks, Varies
Furnishings Unfurnished
Fireplace No
Appliance Electric Oven, Electric Range, Electric Water Heater, Refrigerator, See Remarks
Exterior
Exterior Feature Gravel Driveway, Private Yard, See Remarks
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Waterfront Description River Access,Stream
Roof Type Asphalt,Membrane,Rubber,Shingle
Handicap Access Accessible Bedroom
Garage No
Building
Lot Description Flood Zone, Rectangular, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Additional Building Barn(s), Outbuilding
Structure Type Composite Siding,Frame,Vinyl Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
Elementary Schools Millard Fillmore Elementary
High Schools Moravia Junior-Senior High
School District Moravia
Others
Tax ID 054201-210-010-0002-043-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Land of Lakes Realty, Inc.