$360,000
$399,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
4,310 SqFt
SOLD DATE : 04/13/2023
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,310 sqft
Price per Sqft $83
MLS Listing ID R1441541
Sold Date 04/13/23
Construction Status Existing
HOA Y/N No
Year Built 1972
Annual Tax Amount $8,815
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 120X299
Property Description
This sale is for a Single Family Home with 4 additional apartments on the back of the property, that is always rented! The Single Family Home is currently vacant to allow the flexibility of any Owner/Occupants that might want to purchase! Both Single Family and all apartments have been recently remodeled with new kitchens, bathrooms, paint, flooring, and a brand new basement waterproofing in the main house. The Apartments have 4 recently remodeled 1 Br apartments each with a separate bonus room/office in each unit! Existing 1 year leases in place on each apartment and there is enough parking for each tenant to have 2 parking spaces! There have been several updates to the property over the years including a drain tile around the apartment for rain and water management, cell phone booster antennae to maximize cell coverage, new driveway culvert, and 2 of 4 apartments have new tankless hot water heaters, and all units have separate utilities. This is an opportunity to own a proven cash-flowing income property with the apartments alone grossing over $35,000.00 a year! Gross rents for house and apartments would be $55,320 or more.
Location
State NY
County Ontario
Area East Bloomfield-322689
Direction South on Route 444 towards 5&20, House and apartments on the left right before route 5&20.
Interior
Interior Features Programmable Thermostat
Heating Electric, Baseboard
Flooring Carpet, Ceramic Tile, Varies, Vinyl
Fireplace No
Window Features Thermal Windows
Appliance Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood
Exterior
Exterior Feature Gravel Driveway
Community Features Storage Facilities
Utilities Available High Speed Internet Available, Water Connected
Roof Type Metal
Building
Lot Description Rural Lot
Story 2
Foundation Slab
Sewer Septic Tank
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Steel Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Bloomfield
Others
Senior Community No
Tax ID 322689-081-000-0001-005-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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