This is a money maker with an excellent income stream. The cap rate is 14%, monthly income is $3500, annual income $42,000. Income & expenses available for review. Low maintenance, month-to-month tenants who pay their own gas and electric. Partial new roof, new gas, new electric meters. Sale includes 8 units in three buildings: 2 units in a one story building (built 1950), a 4 unit in a one story building (built 1950), and a two story house with 2 units (built 1850). The one story buildings are also referred to as 9441 Ridge Rd. Located right on Route 104 (Ridge Rd) near Middleport village. This is affordable Housing for local community which is in high demand.
Off market
Price Unknown
9439 Ridge Rd, Middleport, NY 14105
0beds
0baths
4,076sqft
Apartment
Built in 1850
-- sqft lot
$-- Zestimate®
$--/sqft
$2,255 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air, Electric, Gas
Appliances
- Included: Range / Oven, Refrigerator
Features
- Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Basement: Slab, Partial
- Has fireplace: Yes
- Fireplace features: Woodburning
Interior area
- Total interior livable area: 4,076 sqft
Property
Accessibility
- Accessibility features: No Step Entry
Features
- Exterior features: Vinyl, Wood, Composition
Lot
- Size: 1.80 Acres
- Features: Rectangular Lot, Primary Road
Details
- Special conditions: Normal
- Wooded area: 0
Construction
Type & style
- Home type: Apartment
Materials
- Roof: Asphalt
Condition
- Existing
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers - Some, Electrical Fuses - some
- Gas: Gas
- Sewer: Septic
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Middleport
Other
Other facts
- WaterSource: Public
- Heating: Forced Air, Natural Gas
- Appliances: Refrigerator, Oven/Range Gas
- FireplaceYN: true
- Roof: Asphalt
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected
- Basement: Slab, Partial
- FireplacesTotal: 1
- Furnished: Unfurnished
- FireplaceFeatures: Woodburning
- OperatingExpenseIncludes: Other
- OpenParkingSpaces: 0
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Common, Stone/Gravel, Parking Area
- CurrentUse: Residential
- ConstructionMaterials: Vinyl, Wood, Composition, Aluminum/Steel
- CurrentFinancing: Cash
- PastureArea: 0
- RentIncludes: Snow Removal, Grounds Maintenance, Refuse Removal
- CultivatedArea: 0
- WoodedArea: 0
- Sewer: Septic
- AccessibilityFeatures: No Step Entry
- Flooring: Linoleum/Vinyl, Wall To Wall Carpet-Some, Ceramic-Some, Laminate-Some
- NumberOfUnitsMoMo: 0
- Gas: Gas
- SpecialListingConditions: Normal
- YearBuiltDetails: Existing
- LotFeatures: Rectangular Lot, Primary Road
- Electric: Circuit Breakers - Some, Electrical Fuses - some
- InteriorFeatures: Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some
- BusinessType: 5 + Unit Apartments
- PropertyCondition: Existing
- AssociationAmenities: No Amenities
- MlsStatus: P-Pending Sale