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Listing ID: 2963932

A Multi-family Rental Property in New York For Sale

New York, United States

$ 215,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ under 100k

Cash Flow: $ 0 to 100k

Business Description

If you are a rational investor looking for above market average returns at the lowest amount of risk you should consider purchasing this property located in an Upstate New York. 4 town houses; 4600+ sq. ft.; 1 acre of land. The property is fully rented.

Please contact us to learn more about this opportunity

Property Details


30' X 84' multi-family building

Years Established:


Property Type:


Other Details

Business Location:

A multi-family Rental Property

Premise Details:

This 30' X 84' multi-family building has 4 townhouse units and is located just outside the small village of Richville, Tax Map # 145.046-1-18. All units are currently rented, The fourth has been just repainted and new carpet installed in the living room. A quiet country setting with a 5 minute drive to Gouverneur, all 4 units recently went through a complete weatherization upgrade, including additional insulation, and 4 brand new high efficiency propane furnaces. Each tenant has their own electric meter and propane tank, while trash removal is included in individual monthly rents. Each unit also has full electric as a backup source of heat. There is a full private basement in each unit with washer and dryer hookups. There is also one full bath upstairs and one half bath downstairs in each unit. The building is completely vinyl sided making it almost maintenance free. You may qualify for many types of financing such as VA & FHA or a conventional loan. More land is available MLS # 40045 & 40042 all at a discounted price for all three listings

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