7617 Us-9 Elizabethtown, NY 12932

Other MLS #: 208545 Courtesy Of RE/MAX North Country

Property InformationDescription

This six-unit apartment building is an attractive income-producing investment opportunity with a diverse unit mix consisting of two one-bedroom apartments, two two-bedroom apartments, one three-bedroom apartment, and one spacious four-bedroom apartment--a total of 13 bedrooms. At full occupancy the rent roll generates $4,550 per month and $54,600 in annual gross rental income. All leases are month-to-month, giving a new owner flexibility in future property management. Tenants are responsible for their own heat and hot water, helping limit owner-paid utility expenses. Potential for future income growth based on market conditions. With an established rental history, varied apartment sizes, and tenant-paid utilities, the property offers a solid foundation for an investor seeking a multi-unit income property.

Features

  • Age: Over 50 Years Old
  • Appliance: Oven
  • Appliance: Gas Cooktop
  • Appliance: Refrigerator
  • Exterior Type: Brick
  • Floors: 2
  • MLSID: 208545
  • View Type: City

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7617 Us-9, Elizabethtown, NY 12932
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