8 unit apartment building, Bainbridge NY $450,000

QR Code Link to This Post

A ique opportity to own an 8 it apartment building that is up for sale in Bainbridge NY. This building consists of 6 its that are 2 bedrooms, and 2 its that are 3 bedrooms, and a basement. There is also off street parking with room to expand. Don’t be fooled by the outside appearance as the inside has been completely redone. There was a 100% gut out of the building prior to any work being started. The entire building has been rewired up to and exceeding local, national, and HUD code requirements. The entire inside of the building has been re-sheetrocked using fire code sheetrock, fire stops and fire retardant insulation in between apartments, and 8 fire doors have been installed. The 8 kitchens have new gas lines that have been installed and inspected, Pergo life proof flooring and brand new cabinets both wall and base, with ceramic tile cotertops. The bathrooms were designed with elderly people in mind and each one has Pergo life proof flooring, a full 60×30 low step, walk-in shower with beautiful marble look shower walls, and heavy duty hand rails. High rise toilets, and top quality (delta) faucets and shower valves throughout. The entire inside has been painted and has recessed lighting. Each apartment has electric baseboard heaters with 9 separator meters so each tenant is responsible for paying their own heat bills. The basement has room for coin operated ladry machines for more income potential and has a separate side that can be used for storage. All electrical work done has been approved by both an electrical inspector and the local building inspector. The building is zoned appropriately so no issues with state, coty, town, or village. All work done has been top notch using the best materials and attention to detail. All the big money has been spent and all the big hard work has been done. The building is a turn key operation, with 5 apartments already bringing in income. Health reasons are the only reason the building is listed for sale. End buyers only