25 Academy Street
Property Description
Welcome to 25 Academy Street in New Berlin-a fantastic, cash-flowing 2-unit building sitting on a quiet neighborhood street with an unbelievable bonus: the 3-unit property right next door (23 Academy St) is also up for grabs! Why buy just one stream of income when you can secure five? Acquiring both gives you unprecedented control over a contiguous footprint, massive management efficiencies, and an instant 5-unit mini-portfolio in a stable rental pocket. Spanning 2,300 square feet, 25 Academy Street features a highly functional multi-family layout. The building consists of two distinct spaces: a convenient 1-bedroom unit on the first floor with in-unit washer and dryer as well as a large walk-in pantry with bonus-room potential, and a spacious 2-bedroom unit on the second floor. The ultimate bonus? This property includes a massive 2-car detached garage/barn located just across the street. It is perfect for generating extra monthly storage income, using as workshop space, or offering premium covered parking to command top-tier rent. There is also ample off-street parking. Situated on a one-way street in the heart of the village of New Berlin, tenants enjoy absolute walkability to local eateries, community parks, and everyday conveniences. Start your investing career, live-in a unit and generate income... the possibilities await!Broker Details
Keller Williams Upstate New York Properties (607) 431-2540
MLS ID: OD2987 State License Number: 10401376334
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $114,900 |
| No. of Units: | 2 |
| Year Built: | 1880 |
| Lot Size: | 2,300.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $57,450 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-BNARNY-R1682419
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