Property Attributes
- MLS#R1528802
- TypeMulti-Family
- CountyOTSEGO
- CityLaurens
- AreaLaurens-Village
- Zip13796
- StyleFourplex
- Year Built1850
- Taxes$ 2892
- Price$ 200,000
- Bedrooms9
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3912
Data Source:
Greater Rochester AOR (GRAR)
Property Description
A lucrative Multi-family Real Estate Investment Opportunity! Four occupied units with separate utilities paid be the tenants. The capitalization rate of approximately 11.4% is quite favorable which suggests strong income relative to the property's value. The presence of ample parking also enhances the property's attractiveness. If the property passes your due diligence procees and aligns with your investment criteria, this could indeed be a promising opportunity.
Price History | |
---|---|
3/31/2024 | Listed $200,000 |
General Features
Sewer | SepticTank |
---|---|
Heating | Propane,Oil,Electric |
Utilities | WaterConnected |
Possession | Closing |
Appliances | ElectricWaterHeater |
Garage Spaces | 2.0 |
Architectural Style | Fourplex |
Construction Materials | WoodSiding |
Year Built | 1850 |
Stories | 2 |
Township | Laurens-Village |
Levels | Two |
Property SubType | MultiFamily |
OwnerPays | HotWater |
County | Otsego |
Property Type | Residential |
Garage Y/N | Yes |
Rent Includes | HotWater |
Status | Active |
Directions | On the Main Street in Laurel,aka Route 11,property is to the right of the school |
City | Laurens |
High School District | Laurens |
Total Units | 4 |
MLS Area | Laurens-Village-363401 |
Waterfront Y/N | No |
Street Name | Main |
Year Built Details | Existing |
Tax Annual Amount | 2892.0 |
Property Condition | Resale |
Days on Market | 4 |
Standard Status | Active |
Middle/Junior School District | Laurens |
Elementary School District | Laurens |
Tax Assessed Value | 128693 |
TaxOtherAnnualAssessmentAmount | 0.0 |
Interior Features
Basement | Partial |
---|---|
Flooring | Hardwood,Laminate,Varies,Vinyl |
Total Stories | 2 |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 4 |
Street Suffix | Street |
Total Bedrooms | 9 |
Total Baths | 4 |
Exterior Features
Parking Features | TwoorMoreSpaces,Unpaved |
---|---|
Lot Features | Rectangular,ResidentialLot |
Water Source | Connected,Public |
Foundation Details | Stone |
Building Area Total | 3912.0 |
Lot Dimensions | 100X183 |
Lot Size Units | Acres |
Number of Separate Electric Meters | 4 |
Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool