$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 Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $50
MLS Listing ID S1387555
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
Area Cato-052489
Zoning 411
Direction Corner of West Main St (Rt 370) and North Main St (Rt 34) at the 4 corners of the village of Cato.
Interior
Heating Electric, Baseboard, Radiant
Fireplace No
Exterior
Utilities Available Water Connected
Roof Type Metal
Total Parking Spaces 4
Building
Story 2
Sewer Septic Tank
Water Public
Level or Stories Two
Construction Status Existing
Schools
Elementary Schools Cato-Meridian Elementary
Middle Schools Cato-Meridian Middle
School District Cato-Meridian
Others
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