$292,000
$289,900
0.7%For more information regarding the value of a property, please contact us for a free consultation.
5,760 SqFt
SOLD DATE : 08/29/2023
Key Details
Sold Price $292,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $50
Subdivision Cato
MLS Listing ID S1387553
Sold Date 08/29/23
Construction Status Existing
HOA Y/N No
Year Built 1919
Annual Tax Amount $4,371
Lot Dimensions 48X82
Property Description
9 Rental units: (1) 2-bedroom, (7) 1-bedroom, 1 office or store front - All separate units. Owner will hold mortgage with $60,000 down. There is $55,000.00 of income when fully rented. Owner retiring after 40 years of ownership. A $ maker here . Seller expenses $1,800.00 for elec., $3068.00 for water, $4,386.00 for taxes, $3110.00 for insurance, & $1,515.00 for trash. Total expenses to seller: $13,880.00.
Location
State NY
County Cayuga
Community Cato
Area Cato-052489
Direction Corner of West Main St. (RT 370) and North St. (RT 34). At the 4 corners of the village of Cato
Rooms
Basement Full
Interior
Heating Electric, Baseboard
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Electric Cooktop, Electric Water Heater, Refrigerator
Exterior
Utilities Available Water Connected
Roof Type Metal
Garage No
Building
Lot Description Corner Lot, Rectangular, Residential Lot
Story 2
Sewer Septic Tank
Water Connected, Public
Level or Stories Two
Structure Type Block,Concrete
Construction Status Existing
Schools
Elementary Schools Cato-Meridian Elementary
Middle Schools Cato-Meridian Middle
High Schools Cato-Meridian Senior High
School District Cato-Meridian
Others
Senior Community No
Tax ID 45.16-1-38
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Financing Cash
Special Listing Condition Standard
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Bought with Sun Harvest Realty Inc.
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Licensed Associate Real Estate Broker | License ID: 10301221928