$48,950
$59,900
18.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,990 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $48,950
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,990 sqft
Price per Sqft $24
MLS Listing ID S1479696
Sold Date 12/22/23
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,709
Lot Size 5,702 Sqft
Acres 0.1309
Lot Dimensions 50X114
Property Description
Investors do not miss out on adding this highly desirable side by side duplex to your rental portfolio. Long term tenants are in place and pay on time every month but rents have room to be raised. Currently operating at a 51% cash on cash return with a NOI of $7736.12 last year. Professional management is in place for a turn key, seamless transaction.
Location
State NY
County Chemung
Area Elmira-City-070400
Direction Center to Baty
Rooms
Basement Partial
Interior
Heating Gas, Forced Air
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Elmira
Others
Tax ID 070400-099-015-0004-036-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with RECIPROCAL CORTLAND
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