7310/7314 Spaulding Drive

Bath NY 14810

7349 sq. ft.

40511 sq. ft.

Other

Currently for sale - view listing

Overview

Excellent Investment Opportunity with Multiple Income Streams! This income-producing property features a four-unit apartment building with one 3-bedroom and three 1-bedroom apartments, plus a newly constructed duplex with two additional 1-bedroom apartments. The property also includes two tenant-owned mobile homes paying lot rent and a rented barn/outbuilding. Currently generating approximately $5,600 in gross monthly income ($67,200 annually) before expenses! The apartments are clean and well-maintained with established, good-paying tenants, including one who has been there for 17 years. Numerous updates throughout, with each apartment unit having its own hot water heater and electric meter. Both multi-unit buildings are equipped with UV light systems. The property is serviced by two wells and four septic systems. The mobile home shared well has a chlorination system. Tenants pay their own utilities, while garbage service is included in the rent. A great opportunity to own a multi-unit investment property with multiple established income streams!

Features

8 bedrooms

3 carspaces

7349 sq. ft. floor area

40511 sq. ft. lot size

Other

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