9 Marvin St - Apartments FOR SALE


Deposit, NY 13754
$379,000 USD
607-621-0439
9 Marvin St, Deposit, NY for Sale
$379,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

9 Marvin St
Deposit, NY 13754


HIGHLIGHTS

  • Solid Brick Building.
  • Right around the corner from the Delaware River.
  • Fully leased.
  • Strong Rental History

OVERVIEW

9 Marvin Street is a brick six-unit multifamily property offering both current income and long-term upside in Deposit, NY. The building totals 4,740 SF across three floors and features a functional unit mix of one 1-bedroom and five 2-bedroom apartments. The property has benefited from long-term tenancy and a stable operating history, providing in-place revenue while remaining well positioned for future improvement. The investment opportunity is supported by durable 1970 construction and the ability to enhance returns through targeted property improvements and thoughtful rent growth as units turn over. The location supports tenant demand with convenient access to I-86 and proximity to the Delaware River and regional outdoor amenities that contribute to year-round activity.

FOR SALE DETAILS

PRICE

$379,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

6

PRICE/UNIT

$63,167

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

3

YEAR BUILT

1994

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

123001-349-017-0009-004-000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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