For Sale

Listed by Jennelle Zonnevylle and Ashley Hink from Empire Realty Group

Source: Upstate New York Real Estate Information Service #R1726896

7310/7314 Spaulding Drive, Bath, NY, 14810

$369,900

8
3
7349 sq. ft.
40511 sq. ft.

Other

•

30+ days on the market

What's around 7310/7314 Spaulding Drive

About this property

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!

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