For Sale For Rent
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bedrooms
bedrooms
15
bathrooms
bathrooms
13
square feet
square feet
7,632
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1950
full baths
Full Baths
13
half baths
Half Baths
0
Excellent Investment Opportunity – Fully Occupied 13-Unit Multifamily on Corner Lot Welcome to this outstanding investment opportunity featuring two multifamily buildings with a total of 13 fully rented units, situated on a corner lo. This well-maintained property offers a strong rental history, consistent income, and a projected capitalization rate of approximately 11% at the current listing price—making it a smart, low-risk addition to any investor’s portfolio. Recent updates by the current owners include a new rubber roof and new hot water heater at the 626 building, along with renovations to approximately half of the units, enhancing overall tenant satisfaction and reducing maintenance costs. The parking areas have been expanded and upgraded to accommodate tenants and guests with ease. With all units currently rented and improvements already completed, this property presents immediate cash flow and minimal upfront work. Whether you’re a seasoned investor or new to multifamily real estate, this turnkey property is an exceptional opportunity in a growing market. Don't miss this chance to add a high-performing asset to your real estate portfolio. Schedule your private showing today! Additional notes: There are 8 electric meters, 6 of the apartments pay their own electric. All other utilities are covered by the building owner.
Location
Subdivision -
County St Lawrence
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: 51138
Listing agent: Taylor Harper #10371201989
Listing broker: King Realty Nny (315) 355-7455
Copyright © 2025 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 22 2025 at 3:41 p.m. EDT
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