4 Beds
3 Baths
3,916 SqFt
4 Beds
3 Baths
3,916 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,916 sqft
Price per Sqft $68
Subdivision Merills Plot
MLS Listing ID R1702216
Style Triplex
Bedrooms 4
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1960
Annual Tax Amount $4,367
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 50X100
Property Sub-Type Mixed Use
Property Description
SOLID 1960-BUILT MIXED-USE PROPERTY OFFERING 2,860 SQ FT OF TOTAL SPACE WITH THREE INCOME-PRODUCING UNITS AND STRONG CURRENT CASH FLOW. CURRENTLY GENERATING $2,620 PER MONTH ($31,440 ANNUALLY)......
Unit Breakdown -----
First Floor Front – Beauty Salon (approx. 460 sq ft): Updated electric, mini-split heating & cooling, half-bath with washer/dryer, and kitchenette. Tenant paying $800/month (month-to-month)........
First Floor Rear – 1-Bedroom Apartment (approx. 690 sq ft): 1 bed, 1 full bath, living room, and kitchen. Tenant paying $670/month (month-to-month).......
Second Floor + Attic – 3-Bedroom Apartment (approx. 1,246 sq ft total): Main level (966 sq ft) features 1 bedroom, full bath, kitchen, dining room, and living room; attic level (280 sq ft) adds two additional bedrooms. Tenant paying $1,120/month (lease through February).
Property Features ------
Updated windows throughout ---
New bathroom siding ---
Separate utilities for all units ---
Gas forced-air furnace for the residential units + efficient mini-splits in the salon ---
Full basement for utilities and storage ---
Large detached 2-car garage plus additional off-street parking ---
Municipal sewer and public water ---
Low-maintenance carpet and vinyl flooring with large windows providing excellent natural light ---
Ideally located in the desirable Village of Port Dickinson within the highly regarded Chenango Valley Central School District....... Convenient access to highways, shopping, dining, and downtown Binghamton.......
This is a rare turnkey mixed-use opportunity with solid tenants already in place and excellent long-term upside for the seasoned investor.
Don't miss this income-producing gem!
Location
State NY
County Broome
Community Merills Plot
Area Port Dickinson-Village-033001
Rooms
Basement Crawl Space
Interior
Interior Features Other, See Remarks
Heating Gas, Other, See Remarks
Cooling Other, See Remarks
Flooring Ceramic Tile, Hardwood, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Architectural,Shingle
Garage Yes
Building
Lot Description Other, Rectangular, Rectangular Lot, See Remarks
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Frame
Construction Status Existing
Schools
School District Chenango Valley
Others
Senior Community No
Tax ID 033001-144-027-0001-018-000-0000
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
