$97,900
$97,900
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8 Beds
3 Baths
3,440 SqFt
SOLD DATE : 11/25/2024
Key Details
Sold Price $97,900
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $28
MLS Listing ID B1558758
Sold Date 11/25/24
Bedrooms 8
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $2,958
Lot Size 4,499 Sqft
Acres 0.1033
Lot Dimensions 45X100
Property Description
Explore the investment potential of this triplex, which is currently attracting good-paying tenants, though
the rents are significantly below market value. Unit 1 features 3 bedrooms and 1 bathroom, with tenants on
a month-to-month lease paying $800 per month and covering their own electric costs. Similarly, Unit 2
offers 3 bedrooms and 1 bathroom, with tenants also on a month-to-month arrangement paying $750 per month and responsible for their own electric. Unit 3, a 2-bedroom, 1-bathroom unit, is currently vacant and was left in a dirty condition. Please note, the property is being sold in "As Is" condition. The seller has not provided detailed condition information, and any Seller's Property Disclosure Statements (SPDS) may be inaccurate. This triplex presents a promising opportunity for investors to potentially adjust rents to market rates and refurbish the vacant unit to maximize the investment return.
Location
State NY
County Oneida
Area Utica-City-301600
Direction Head southwest on Genesee St toward Oswego St 367 ft Turn right onto Oswego St 463 ft Turn left toward Waverly Pl 276 ft Turn right onto Waverly Pl Destination will be on the right
Rooms
Basement Partial
Interior
Heating Gas, Other, See Remarks
Cooling Other, See Remarks
Flooring Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 1.0
Roof Type Shingle
Garage Yes
Building
Lot Description Other, See Remarks
Foundation Other, See Remarks
Sewer Other, See Remarks
Water Other, See Remarks
Structure Type Composite Siding
Construction Status Existing
Schools
School District Utica
Others
Senior Community No
Tax ID 301600-318-063-0001-021-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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