$95,000
$99,900
4.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,452 SqFt
SOLD DATE : 01/12/2024
Key Details
Sold Price $95,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,452 sqft
Price per Sqft $65
MLS Listing ID R1510733
Sold Date 01/12/24
Style Duplex
Bedrooms 2
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $2,171
Lot Size 6,250 Sqft
Acres 0.1435
Lot Dimensions 50X125
Property Description
Introducing an incredible investment opportunity: a well-maintained 2-family home has many updates that include: Roof, pluming, and electrical. This property offers a lucrative investment with a steady rental income. Two Family Home: Featuring two separate living units, this property provides flexibility for rental income or multi-generational living arrangements. Rental Income: Currently yielding $1400 per month in total rent, this property provides a consistent revenue stream, making it an attractive investment opportunity.
Tenant-Paid Utilities: Tenants handle their utilities, reducing landlord responsibilities and maximizing profitability. Convenient Location: Situated in a desirable area, this property enjoys proximity to local amenities, schools, and transportation, enhancing its appeal to potential tenants.
Well-Maintained: This home has been well-cared-for, ensuring a welcoming and comfortable living environment for tenants. This 2-family residence at 110 East Elmwood in Falconer, NY, presents an excellent investment opportunity with its steady rental income and tenant-paid utilities. Don't miss the chance to add this lucrative property to your portfolio.
Location
State NY
County Chautauqua
Area Falconer-Village-063803
Direction Off of Work St Near Anderson
Rooms
Basement Full
Interior
Heating Electric, Gas, Baseboard, Forced Air
Flooring Hardwood, Varies
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
Elementary Schools Other - See Remarks
Middle Schools Falconer Middle
High Schools Falconer Middle/High
School District Falconer
Others
Tax ID 063803-371-011-0002-026-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Property Sisters of Chautauqua, Inc.
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