831 Washington Street
Property Description
Calling all entrepreneurs! This turn-key 5-unit residential apartment building is located in the heart of the city, directly across from Samaritan Hospital. Known for its strong rental history and consistent income generation, the property generates $50K in gross annual rents. Each unit is separately metered for electric, and the building features a roof less than 5 years old along with recently painted exterior. Heat is included in the rent, powered by a Utica steam boiler that is serviced at least once annually. The chimney has been rebuilt by Redfield Construction with stainless steel liners. The unit mix consists of two two-bedroom units on the first floor, two studio units on the second floor, and a spacious 4-5 bedroom unit spanning two levels. Shared laundry facilities are available in the basement for tenant convenience. All work is complete and units have been well-maintained by ownership, this property is truly move-in ready for your next investment venture. Don't miss this opportunity!
Broker Details
Bridgeview Real Estate Services (315) 782-9292
MLS ID: GARDNERO State License Number: 10301217226
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $429,900 |
| No. of Units: | 5 |
| Year Built: | 1950 |
| Lot Size: | 4,960.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $85,980 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 0 |
ID: 3yd-BNARNY-S1700040
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