524 Ontario ST Pending Save Request In-Person Tour Request Virtual Tour
Utica,NY 13501
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,508 sqft
Price per Sqft $49
Subdivision George E Laverack
MLS Listing ID S1575273
Style Fourplex
Bedrooms 10
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,238
Lot Size 4,800 Sqft
Acres 0.1102
Lot Dimensions 40X120
Property Sub-Type Multi Family
Property Description
Can you say CASH COW?! Extremely rare 4-unit income-producing property located in the heart of East Utica. This partially renovated gem offers an incredible opportunity for investors seeking a high cash flow property in a market that continues to appreciate!
Or imagine getting paid to live here! Live in one unit and let your tenants pay your mortgage, taxes, and insurance!
Property Highlights:
All units are vacant, 2 are move in condition, while 2 are awaiting your finishing touches!
10 beds 4 baths! The property features two spacious 3-bedroom, 1-bathroom apartments and two comfortable 2-bedroom, 1-bathroom apartments, providing a variety of living spaces for tenants.
Each unit has its own separate utilities, ensuring ease of management and potential for increased rental income.
Market rent on 3 bd apts in Utica is $1,300.00, while 2 bd apts are $1125!
Prime Location: Situated in a desirable neighborhood, close to schools, parks, shopping, and public transportation, attracting a steady stream of potential tenants.
The recent renovations ensure minimal immediate expenses.
Don't miss out on this fantastic investment opportunity!
Location
State NY
County Oneida
Community George E Laverack
Area Utica-City-301600
Direction Bleecker to Ontario
Rooms
Basement Full
Interior
Heating Gas,Other,See Remarks,Forced Air,Space Heater
Cooling Other,See Remarks
Flooring Hardwood,Laminate,Varies,Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected,Water Connected
Building
Lot Description Other,Near Public Transit,Rectangular,See Remarks
Story 2
Foundation Stone
Sewer Connected
Water Connected,Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Utica
Others
Senior Community No
Tax ID 301600-319-072-0003-044-000-0000
Acceptable Financing Cash,Conventional,Owner Will Carry
Listing Terms Cash,Conventional,Owner Will Carry
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1575273