514 W Church
Property Description
Calling all investors! This well-maintained multi-family property is a fantastic opportunity to add a stable, income-producing asset to your portfolio. Currently generating approximately $37,000 in annual rental income, the building is fully occupied with long-term tenants, providing immediate cash flow from day one. With below-market rents, there is excellent potential to increase income over time. An added bonus is the expansive unfinished top floor, offering the opportunity to create two additional apartment units (subject to municipal approvals), significantly increasing the property's earning potential. Whether you're looking for a turnkey investment with reliable tenants or a value-add project with room for substantial growth, this property offers both. Don't miss your chance to own an investment with immediate returns and exceptional upside potential.
Broker Details
Signature Properties (607) 796-9817
MLS ID: ECvsimmons State License Number: 10401376567
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $170,000 |
| No. of Units: | 3 |
| Year Built: | 1890 |
| Lot Size: | 3,980.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $56,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-BNARNY-R1700720
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