$500,000
$499,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
20,242 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 20,242 sqft
Price per Sqft $24
Subdivision Village/Weedsport
MLS Listing ID S1507278
Sold Date 03/01/24
Bedrooms 15
Construction Status Existing
HOA Y/N No
Year Built 1974
Annual Tax Amount $38,826
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 486X188
Property Description
A great opportunity to convert this senior citizen residential building into individual apartments. 30 bedrooms currently and with modification could reconfigure to 15-18 units depending on the new layout. A commercial fully equipped kitchen onsite, two common community visitation rooms and many offices., a couple of full walk-in community bathrooms, laundry areas, etc. Two adjoining rooms shared a jack and Jill half bath, combining these rooms and adding a shower and doorway would create a great apartment and if you keep the common areas and kitchen then you have a wonderful setup for people to live. Independent living with benefit of common area to socialize. Easy to view anytime. Currently tax exempt for the not for profit, the taxes reflect a high assessment which can be changes due to the lower purchase price or another non profit exemption might be applicable. NYS grant money for affordable housing, ie Veterans housing.
Location
State NY
County Cayuga
Community Village/Weedsport
Area Weedsport-Village-052201
Rooms
Basement None
Interior
Interior Features Bedroom on Main Level
Heating Gas, Baseboard, Hot Water
Flooring Varies, Vinyl
Fireplace No
Appliance Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, See Remarks, Washer
Laundry Common Area
Exterior
Exterior Feature Blacktop Driveway
Community Features Fitness, Other, Storage Facilities, See Remarks
Utilities Available Sewer Connected, Water Connected
Roof Type Flat,Membrane,Rubber
Handicap Access Accessibility Features, Accessible Full Bath, Accessible Bedroom, Low Threshold Shower, No Stairs, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Garage No
Building
Lot Description Flood Zone, Irregular Lot
Story 1
Sewer Connected
Water Connected, Public
Level or Stories One
Structure Type Brick
Construction Status Existing
Schools
School District Weedsport
Others
Senior Community No
Tax ID 052201-082-008-0001-002-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sun Harvest Realty Inc.
GET MORE INFORMATION
Licensed Associate Real Estate Broker | License ID: 10301221928