1990 Ridge Rd - Apartments FOR SALE


Ontario, NY 14519 | 
$675,000 USD
585-500-4500
1990 Ridge Rd, Ontario, NY for Sale
$675,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1990 Ridge Rd
Ontario, NY 14519


OVERVIEW

Gorgeous renovated 4-unit multifamily investment property located on highly visible Ridge Road in the Town of Ontario within the Wayne Central School District. This property features four residential units and offers strong income potential for both seasoned investors and owner-occupants. This property features a rear deck and a large yard for tenants. Additional value-add features include four dedicated tenant storage units, coin operated washer and dryer for additional income providing added convenience for tenants. The property is also equipped with ADT security cameras monitored throughout the exterior, offering an added layer of safety and peace of mind. Convenient access to local amenities, shopping, and commuter routes while maintaining a neighborhood feel. With its prime Ridge Road exposure, stable layout, and upside potential through rent optimization or improvements, this is an excellent opportunity to add a performing asset to your portfolio. Auction Deadline is 5/8/2026 @ 2:30pm. Seller shall reserve the right to negotiate with any offer submitted on the auction platform. Live Auction can be found on www.customXchange.com platform.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

4

PRICE/UNIT

$168,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B

APN/PARCEL ID

543400-063-117-0014-315-441-0000

ASK ABOUT THIS PROPERTY

Michael LiessColdwell Banker Custom RealtyMore Info
585-500-4500

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Michael LiessColdwell Banker Custom RealtyMore Info
585-500-4500

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