1081 Springfield Road, Wilmington, NY 12997

$215,000
4,800
SqFt
List Price
$215,000
Price Change
▼ $10,000 1530755979
Status
ACTIVE
MLS#
159027
Sq. Ft
4,800
Acres
1.7
Year Built
1991
Community
Wilmington

Property Description

This is an excellent investment opportunity to purchase this five unit apartment home and to increase rents to current market rents for an annual in excess of $40,000 There is a large backyard, level with woods on the perimeter, very private, and many of the units have decks. There are two separate areas for ample parking of over 8 cars. Tenants pay their own utilities, and all apartments are on a month to month lease. The seller has allowed below market rents for the tenants that have remained for many years which can be increased with a months notice. Outdoor storage shed for lawn equipment.

Additional Information

Style
Apartments
Views
Apartment, Cable TV, Fireplace, Free Standing Stove, Internet Available, Thermal Pane, Wood
Lot Dimensions
1.70
Body Of Water
None
Exterior Features
None
Fireplace Description
Storage Shed, Trees, Barn/Shed, Deck, Outdoor Lighting, Paved Drive
Heating
Electric Baseboard, Oil/Hot Water, Wood Stove
Cooling
None
Utilities
Water Connected, Septic

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService.