Investment Opportunity in Hancock, NY! (Sale Pending)

Investment Opportunity in Hancock, NY! (Sale Pending)
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
Call Now!
607-637-5588
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    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.