133 N Main St - Apartments FOR SALE


Spencer, NY 14883
$359,000 USD
607-351-1267
133 N Main St, Spencer, NY for Sale
$359,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

133 N Main St
Spencer, NY 14883


HIGHLIGHTS

  • Excellent turn-key investment property.
  • Stylishly renovated apartment Building with the perfect blend of history and modern comfort.
  • Could also be a nice place for an Owner Occupant to call home while the tenants pay the mortgage and taxes!

OVERVIEW

Excellent turn-key investment property. Stylishly renovated apartment Building with the perfect blend of history and modern comfort. This charming 4-unit apartment building could also be a nice place for an Owner Occupant to call home while the tenants pay the mortgage and taxes!. This 1860 gem has timeless character and has been lovingly renovated from top to bottom. Some of the improvements include: new kitchens, bathrooms, appliances, windows, doors, and decks. Set on almost 5 acres of sprawling land, This property would be a great place for quiet outside enjoyment, friendly gatherings and fun times! Set in a nice village environment people can walk to the nearby village pizza shop or grocery store. Location is an easy commute to Ithaca, Elmira, and Owego. Back acreage of property is located in a 100-year floodplain. Listing agent contacted insurance company and was told that Flood Insurance would not be necessary to get a mortgage. Buyer to verify.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

4

PRICE/UNIT

$89,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1860

PARKING SPACES

7

LAND DETAILS

LAND ACRES

4.69 AC

LAND SF

204,296 SF

ZONING

ZONE

APN/PARCEL ID

493401-068-008-0001-001-022-0000

ASK ABOUT THIS PROPERTY

Joe GiordanoHoward Hanna Real Estate ServicesMore Info
607-351-1267

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Joe GiordanoHoward Hanna Real Estate ServicesMore Info
607-351-1267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.