With affordable rentals in such high demand in the Mohawk Valley, owning residential apartment rentals is a terrific way to build your portfolio. There is a resurgence of building in this area that include cool lofts, condos, town houses, and executive apartments. But where do the 'regular' people live? There will always be a shortage of affordable rentals. 9934 State Route 46 in Westernville is a great opportunity in so many ways. It sets in a very desirable School District...Holland Patent. It is minutes to the metros of Rome and Griffiss Business Park. It has 4 units in the building that are consistently rented. AND...plenty of parking for the tenants. Yearly gross income is just under $25,000. Very few investments bring that kind of return. Many maintenance updates have been done over the years to include steel roof and replacement windows. The 4 units are comprised of: a one bedroom unit on the 1st level, a 2 bedroom unit on the first level, a 2 bedroom unit on the 2nd level, and a studio on the 2nd level. Washer and Dryer hookups are in 3 units. Seller owns the stove and refrigerators in each unit and they will convey with the sale. 2 parcels included in sale.
Off market
$203,000
9934 Nys Rte #46, Westernville, NY 13486
--beds
0baths
2,575sqft
MultiFamily
Built in 1800
-- sqft lot
$203,000 Zestimate®
$79/sqft
$1,268 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric, Oil
Cooling
- Other
Features
- Cable TV Available
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Windows: Thermal Windows - Some
- Basement: Partial
- Attic: Unfinished, Scuttle
Interior area
- Total interior livable area: 2,575 sqft
Property
Features
- Exterior features: Wood
- Frontage length: 111
Lot
- Size: 0.25 Acres
- Features: Agricultural, Primary Road
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- Existing
- Year built: 1800
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Location
- Region: Westernville
Other
Other facts
- Roof: Metal
- Flooring: Carpet, Laminate, Vinyl
- Sewer: Septic Tank
- Heating: Forced Air, Electric, Oil, See Remarks
- GarageYN: true
- HeatingYN: true
- Basement: Partial
- ConstructionMaterials: Frame, Wood Siding
- NumberOfUnitsInCommunity: 4
- FrontageLength: 111
- OperatingExpenseIncludes: Maintenance, Snow Removal
- SpecialListingConditions: Standard
- RentIncludes: Gardener, Snow Removal
- OpenParkingYN: true
- Cooling: Other
- LeaseAmount: 0
- StructureType: Multi Family
- InteriorFeatures: Cable TV Available
- YearBuiltDetails: Existing
- NumberOfSeparateElectricMeters: 4
- ExteriorFeatures: Cable TV Available, Thermal Windows - Some
- LotFeatures: Agricultural, Primary Road
- WindowFeatures: Thermal Windows - Some
- Attic: Unfinished, Scuttle
- NumberOfSeparateGasMeters: 0
- PropertyCondition: Existing
- CoveredSpaces: 0.0000
- MlsStatus: C-Continue Show
- TaxAnnualAmount: 1566
- NetOperatingIncome: -1566