Listing Details
/src/Template/Element/listing/actions.ctp (line 80)
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PublicRemarks => '2 UNIT INVESTMENT PROPERTY. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. GROSS INCOME = $46,200/year (Apt 1 $2,655/month Apt 2 $1,200/month) and 13.27% Cap Rate. EXPENSES = $9,050.40. Land & School Taxes = $4,330.40. Insurance = $1,500. Heat/Electric = $2,000 (downstairs apt included only). Garbage = $500. Water/Sewer = $720. NET OPERATING INCOME = $37,149.60. Short term baseball rental area allowed and potential income of $36,000 additional income! Potential Gross of $80k+/year!
Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood clapboard siding, new kitchens, bathrooms, freshly painted interior and exterior, new electrical and plumbing, and brand new vinyl plank floors throughout the first floor (carpeted second floor). Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has a dining area / room, spacious living rooms and bedrooms. Certificate of Compliance in place. Nice Cash Cow!'
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Real Estate is my true passion! I’ve bought, sold, rented, leased, flipped residential and commercial properties during the 12+ years I’ve been a licensed Realtor in New York State.
I know that once you have made a decision to buy or sell, you want to make it happen now. It's my goal to make your experience pleasant, comfortable and fun. I am flexible, committed and pride myself on being available on-your-schedule.
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Aside from real estate…
I am a yogi and I love to snow board during the winter months. Both of these activities keep me grounded, focused and appreciative of every moment we have on this beautiful planet.
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Listing Details
| Tax Assessment | $123,000.00 |
|---|---|
| Est. Annual Taxes | $4,329.00 |
| Water Source | Connected,Public |
| Sewer | Connected |
| Days on market | 45 |
| Cummulative Days on market | 45 |
| Type | Duplex Residential |
| Number of Units | 2 |
| Elementary School | Oneonta |
| Middle School | Oneonta |
| High School | Oneonta |
| Major Change | Pending |
| Last Modified | Apr 30, 2024, 4:45 PM |
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Property Description
2 UNIT INVESTMENT PROPERTY. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. GROSS INCOME = $46,200/year (Apt 1 $2,655/month Apt 2 $1,200/month) and 13.27% Cap Rate. EXPENSES = $9,050.40. Land & School Taxes = $4,330.40. Insurance = $1,500. Heat/Electric = $2,000 (downstairs apt included only). Garbage = $500. Water/Sewer = $720. NET OPERATING INCOME = $37,149.60. Short term baseball rental area allowed and potential income of $36,000 additional income! Potential Gross of $80k+/year!
Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood clapboard siding, new kitchens, bathrooms, freshly painted interior and exterior, new electrical and plumbing, and brand new vinyl plank floors throughout the first floor (carpeted second floor). Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has a dining area / room, spacious living rooms and bedrooms. Certificate of Compliance in place. Nice Cash Cow!
Details
Utilities:
High Speed Internet Available, Sewer Connected, Water Connected
Appliances:
Electric Water Heater
Flooring:
Carpet, Varies, Vinyl
Basement:
Full
Heating:
Electric, Baseboard
Architectural Style:
Duplex
Construction Materials:
Frame, Vinyl Siding
Foundation:
Stone
Lot Dimensions:
45 X70
Lot Size:
0.19
Roof:
Asphalt, Shingle
Sewer:
Connected
Water:
Connected, Public
Parking:
Twoor More Spaces
Agnieszka Bajan
585 519-2139 agnieszka.bajan@gmail.com
If you'd like more information, please let me know how to contact you: