5734 NY-86 - Apartments FOR SALE


Wilmington, NY 12997
$380,000 USD
518-489-9199
5734 NY-86, Wilmington, NY for Sale
$380,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

5734 NY-86
Wilmington, NY 12997


HIGHLIGHTS

  • Waterfront
  • Walkability
  • Scenic Views

OVERVIEW

5-unit multifamily property alongside the Ausable River in Wilmington. Prime location in the Adirondacks – 15 minutes to Lake Placid and 5 minutes to Whiteface Mountain Ski Resort. Unit 1: 1 bed / 1 bath leased at $875/month. Unit 2: 1 bed / 1 bath leased at $850/month. Unit 3: 1 bed / 1 bath leased at $950/month. Unit 4: 1 bed / 1 bath leased at $900/month. Unit 5: Single Family Home 1 bed / 1 bath leased at $950/month. Gross Monthly Income: $4,525. Separately metered utilities. Approximately 150 feet of river frontage.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$51 USD /SF

# OF UNITS

5

PRICE/UNIT

$76,000

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

1935

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,600 SF

ZONING

Multi-Family

APN/PARCEL ID

155400-026-006-0005-012-000-0000

ASK ABOUT THIS PROPERTY

Jeffrey MartinoCushman and Wakefield/Pyramid Brokerage CompanyMore Info
518-489-9199

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Jeffrey MartinoCushman and Wakefield/Pyramid Brokerage CompanyMore Info
518-489-9199

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