Park Avenue Investment Opportunity — Fully Rented 7-Unit Property
For those waiting for an opportunity in the highly desirable Park Avenue neighborhood, this may be the one! This well-maintained 7-unit property is fully rented with leases in place and offers excellent off-street parking.
The property consists of six apartments in the main building and one apartment in the charming carriage house.
Current annual gross rental income exceeds $102,000.
A strong opportunity for an investor seeking an established, income-producing property in one of the area’s most sought-after neighborhoods.
Please allow 48 hours’ notice for all showings. Proof of funds and a bank term sheet for financing from a commercial lender are required prior to scheduling a showing.
Description: Park Avenue Investment Opportunity — Fully Rented 7-Unit Property
For those waiting for an opportunity in the highly desirable Park Avenue neighborhood, this may be the one! This well-maintained 7-unit property is fully rented with leases in place and offers excellent off-street parking.
The property consists of six apartments in the main building and one apartment in the charming carriage house.
Current annual gross rental income exceeds $102, 000.
Operating expenses include:
Taxes: $14, 415;
Insurance: $3, 276;
Utilities: $8, 712;
Water: $1, 221;
Refuse: $1, 912.
A strong opportunity for an investor seeking an established, income-producing property in one of the area's most sought-after neighborhoods.
Please allow 48 hours' notice for all showings. Proof of funds and a bank term sheet for financing from a commercial lender are required prior to scheduling a showing.
Rent Includes: Other, SeeRemarks
Road Frontage: CityStreet
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Prefix: S
Street Name: Goodman
Street Number: 221
Street Number Numeric: 221
Street Suffix: Street
Total Taxes: 14415
Assessed Value: 420000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1920
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
BlacktopDriveway
GasWaterHeater
Has Heating System
SeeRemarks
Map
Courtesy Of : Rich Realty
585-259-4050
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