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Real Estate for Sale

Multi unit apartment houses for sale $0 Chemung County

Multi unit apartment houses for sale alt=
Location: ithaca

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Multi unit apartment houses for sale $0 Chemung County



5BR / 3Ba


2515ft2

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GREAT REAL ESTATE INVESTMENT

$$$$$ OPPORTUNITY OF A LIFETIME!! $$$$$
Upstate New York Owner Retiring
CAP RATES 12.4% & 12.2%
*2 Separate Duplexes. Strong local rental market.
*These homes are the highest quality, most profitable duplexes in the region.
*Each duplex is more profitable than most 4 its with half the workload!
*100% beautifully renovated and meticulously maintained with top-of-the-line very high-end materials, mechanicals & finishes.
* Decades long successful rental history.
*Turnkey properties. 1st time offered for sale since total rebuild.
*Rents are 10% below market value.
*100% City, State and Fire Code Compliant.
*ALL its are always rented with GREAT A+ professionally employed tenants! Renters pay all utilities and do their own lawn & snow maintenance and have their own Renters Insurance. Each it is completely private with separate entrances and totally separate utilities including water and sewer tax.
*100% rewired- every outlet & every switch has a new wire rning to it and all new service upgrades.
*New roof, tear off & new decking 2019. 30-year Architectural shingles at the 470 property.
*Replacement windows, ALL Low E & Argon, insulated frames.
*All New rebuilt porch- footers, spindles, rails, posts, decking, etc.
*New doors & newer vinyl siding @ the 470 property.
*Newer very high-end carpet & pad.
*New Real Bruce Hardwood floors, 5/8” tongue & groove.
*New tile bathrooms. 6’ soaker or Jacuzzi tubs, walk-in tile showers, several built-ins, recessed lighting & much more!
*Very well insulated. Newer mechanicals and new AC’s.
*See description & detailed Walk-Through videos.
*Financials available to prequalified serious buyers.
Please call, text or email for more information. show contact info

https://www.apartments.com/470-south-ave-elmira-ny/f1fqgjv/
https://www.apartments.com/419-jefferson-st-elmira-ny/6z69n4r/

post id: 7860140459

posted: 2025-06-22 11:08



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