Description
42-unit apartment building. Main building - 32 units all efficiency/studios @ $550/month. Building directly west is 9 units - 6 units - 1 bed & 3 units - efficiency/studios from $600-$800/month. 2 bedroom SFR on property included & rented $1,050/month. Entire property parking area freshly paved & striped with +-35 spots. Main building - 8 year roof with new trusses & OSB decking with 30 year asphalt shingle. 9 unit building has rolled roof. Main building has electric panel/meter for each unit, tenants pay own electrical. Heating in each unit is electric. 2 new large hot water tanks run hot water for all units & landlord pays gas. In 9 unit building, there is a new boiler that heats all units and landlord pays for that. Each tenant pays their own electric there as well. Landlord is responsible for water/sewer for the entire property. Roughly 90% of interiors have been renovated with new vinyl flooring, bathrooms, paint & kitchens. New main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op laundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding, 9 unit will be sided soon. 100% occupied due to lower rents.
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7BEDS
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0.86ACRES
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0BATHS
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01/2 BATHS
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17,760SQFT
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$123$/SQFT
Description
42-unit apartment building. Main building - 32 units all efficiency/studios @ $550/month. Building directly west is 9 units - 6 units - 1 bed & 3 units - efficiency/studios from $600-$800/month. 2 bedroom SFR on property included & rented $1,050/month. Entire property parking area freshly paved & striped with +-35 spots. Main building - 8 year roof with new trusses & OSB decking with 30 year asphalt shingle. 9 unit building has rolled roof. Main building has electric panel/meter for each unit, tenants pay own electrical. Heating in each unit is electric. 2 new large hot water tanks run hot water for all units & landlord pays gas. In 9 unit building, there is a new boiler that heats all units and landlord pays for that. Each tenant pays their own electric there as well. Landlord is responsible for water/sewer for the entire property. Roughly 90% of interiors have been renovated with new vinyl flooring, bathrooms, paint & kitchens. New main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op laundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding, 9 unit will be sided soon. 100% occupied due to lower rents.
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Listing information © 2023 CNYIS, GENRIS, WNYREIS. Listing provided by Dante Belmonte of Hunt Real Estate Era : .