Thinking about becoming an investor or are already a seasoned investor? Check out this TURNKEY, nearly HANDS FREE investment property with well established long term tenants. Both of these tenants have been in this property for 20+ years. This property has a generous cap rate of 10.13% - this is after property management expenses, taxes, water/sewer and insurance. These tenants are on a M-2-M written lease agreement. Unit 1 rents for $800 and unit 2 rents for $729. Tenants are responsible for their Gas bill and electric bill. As well as providing their own washer and dryer. Please allow 24 hours notice for all showings. Seller is requiring proof of funds/pre-qualification for all showings.
Off market
Price Unknown
115-117 East Ave #115, Hornell, NY 14843
6beds
2,336sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 19 hours ago
Source: BHHS broker feed,MLS#: R1579479
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Interior area
- Total structure area: 2,336
- Total interior livable area: 2,336 sqft
Property
Details
- Parcel number: 4606001660330004010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Hornell