Investment Opportunity in Hancock, NY! (SOLD)
Investment Opportunity in Hancock, NY! (SOLD)
Property Details
- 11 total units Bedrooms / Bathrooms
- Listing price: $799,000
- Address: 16 Read Street, Hancock, NY
- Square feet: approx. 15,750 sq. ft
- Acreage: approx. 0.13 acre
Land Info
- Water: Municipal
- Sewer: Municipal
- Frontage: approx. 130
- Recreational Water? off
Building Info
- Type of home: Multi-Unit
- House size: approx. 15,750 sq. ft
- Rooms upstairs: Multiple units
- Rooms downstairs: Multiple units
- Stories: 2
- Foundation: Stacked stone, concrete block
- Heat type: Natural gas hot water baseboards
- Electric: NYSEG
- Neighborhood type: Downtown
Other Features
- Personal Property Included: off
- Taxes: Village: $4,886 Town & County: $4,048 School: $5,649
- Utilities: Electric, trash, internet, water & sewer paid by Landlord
- Special Features/Restrictions: Gross Annual Income: $88,200 Landlord Expenses: - Property Taxes: ~$14,355 - Water & Sewer: $9,260 - Snow/Ice Removal: $3,950 - Insurance: $2,833 - Electric: $2,076 - Trash: $1,040 - Internet: $780
Listing Agent
PRIME location- walking distance to the Town Square, laundromat, Guthrie Walk-In, NBT Bank, Tops Grocery Store, and much more. The currently fully-rented 11-unit building has seen many recent upgrades, including the renovation of 2 units, a new roof, and much more. Great location, fully rented, and recently upgraded… Sounds like an opportunity for a seasoned investor to add to their growing rental portfolio. Call today for your private showing.
