327 Coddington Road
Property Description
The Ultimate HOUSE-HACK - Live in one unit, let the other pay your mortgage. Owner-occupy the 1st-floor unit and collect $4,050/mo from the other three - at residential mortgage rates, not investment rates. Rents from the 2nd floor ($1,550), basement ($1,200), and detached bungalow ($1,300) offset most or all of your living expense. The owner's unit is like a private home not an apartment, featuring a spacious kitchen with maple cabinetry, granite countertops, and a breakfast bar, an inviting living room centered around a classic brick fireplace, a sun-filled bonus room perfect for a home office or reading nook, and direct access to an expansive covered patio. Two tenants are secured through July 2027, providing dependable long-term income, while the first-floor unit and lower-level apartment offer immediate flexibility for an owner-occupant. This property is being sold As-Is, eliminating negotiation friction and accelerating your path to closing. To make your transaction seamless, professional home inspections and radon tests have already been completed for both structures. The reports are available for review, allowing you to bypass the usual multi-week inspection delays and secure your financing with total clarity. Heat, water/sewer, and trash are currently landlord-maintained on two building-level meters - a new owner may choose to separate utilities. Stop renting. Start building equity.
Broker Details
RE/MAX In Motion (607) 277-1500
MLS ID: IBLHart State License Number: 10491209901
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $499,900 |
| No. of Units: | 4 |
| Year Built: | 1945 |
| Lot Size: | 4,056.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $124,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-BNARNY-R1694420
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