$130,000
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115 East Ave Unit 115 Hornell, NY 14843
Multi-Family
Residence
6
Beds
2
Baths
2,336
Sq. Ft.
0.18
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Thinking about becoming an investor or are already a seasoned investor? Check out this TURNKEY, nearly HANDS FREE investment property with well established long term tenants. Both of these tenants have been in this property for 20+ years. This property has a generous cap rate of 10.13% - this is aft...er property management expenses, taxes, water/sewer and insurance. These tenants are on a M-2-M written lease agreement. Unit 1 rents for $800 and unit 2 rents for $729. Tenants are responsible for their Gas bill and electric bill. As well as providing their own washer and dryer. Please allow 24 hours notice for all showings. Seller is requiring proof of funds/pre-qualification for all showings.
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MLS#
R1579479
Property Type
Multi-Family
Bedrooms
6
Bathrooms
2 Full
Year Built
1880
Square Feet
2,336
sq. ft
Lot Size
0.18
Sewer
Sewer Connected
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