GREAT INVESTMENT OPPORTUNITY. Call 607-214-4218
Want to live in a small village or own a historic apartment building? Why pay rent or a mortgage when your tenants can do it for you.
This historic building began its life as an inn and tavern in 1820. Over the years it has seen many changes. It is currently a 6 unit rental. 5 of the units are residential units (From 1-2 bedrooms) and one commercial space currently rented for use as a beauty salon.
5 of the 6 units have been totally renovated within the last 4 years. We have the best tenants ever, neat and clean and pay their rent on time by direct deposit.
Current G.O.I is $50,000+ and current N.O.I is $37,953. The CAP rate (with or without a mortgage) is the highest you will find anywhere in the tri-city area. THIS PROPERTY IS A WINNER. Low maintenance makes this the perfect rental investment.
Please DO NOT call the Realtors pictured in this ad. Call us (the owners) direct at 607-214-4218. If you prefer to work with a Realtor, you may, but YOU will pay a buyer commission. Save money and work directly with us.
Off market
$342,100
163 Main St, Esperance, NY 12066
9beds
5,850sqft
MultiFamily
Built in 1820
-- sqft lot
$342,100 Zestimate®
$58/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- 3/4 bathrooms: 6
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 5,850 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off-street
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Year built: 1820
Community & neighborhood
Location
- Region: Esperance
Other
Other facts
- Balcony
- Cats Allowed
- Small Dogs Allowed