What's better than an investment property? A half-occupied investment property! That way you can move in yourself or find just one tenant. The best part is the unoccupied upstairs was just renovated and is ready to move in. Fresh paint and floors throughout! Also, for the upstairs you can use the installed electric heat or add the gas unit to the mix. Additionally, this Canisteo property has a divided yard and unattached garage. Please watch your head when going up the stairs, as there are nails coming from the roof. If your mortgage on this property is approx $600/month, rent for the lower apartment is $650/month, and taxes and insurance are approx $300/month, you will not be spending much to live here! My seller is adding 6% concession for closing costs AND buying new appliances (stove, fridge, washer, dryer) or giving a $3000 credit for appliances.
The median home value in Canisteo, NY is $167,500. This is higher than the county median home value of $147,000. The national median home value is $338,100. The average price of homes sold in Canisteo, NY is $167,500. Approximately 72.22% of Canisteo homes are owned, compared to 11.97% rented, while 15.81% are vacant. Canisteo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Canisteo real estate agent to arrange a tour today!
Canisteo, New York has a population of 3,299. Canisteo is more family-centric than the surrounding county with 28.68% of the households containing married families with children. The county average for households married with children is 26.91%.
The median household income in Canisteo, New York is $56,352. The median household income for the surrounding county is $58,652 compared to the national median of $69,021. The median age of people living in Canisteo is 44.1 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 35.6 inches per year, with 64.5 inches of snow per year.