SQUARE FEET7,600
MLS#R1661234
STATUSActive Under Contract
PROPERTY TYPECommercial - Business
SCHOOLDundee
Property Description
Investor-ready 13-unit apartment building offering immediate cash flow in a strong rental market. The property includes an owner's suite or potential on-site manager's quarters in addition to the 13 income-producing units. Features include on-site laundry, security system, ample off-street parking, and updates throughout. Properties of this size are rarely available, and this asset currently performs at approximately an 8.9% cap rate, with additional upside through continued unit improvements.
Property Features
Property Type: Commercial - Business
Basement: None
Heating: Electric, Baseboard
Lot Size: 1.27 Acres
Roof Type: Asphalt, Membrane, Rubber
Stories: 2.0
Taxes: $17,805
Year Built: 1961
Feature Descriptions
Days on Site: 54
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 347X160
Parcel#: 573401-113-071-0001-003-000-0000
Parking: Driveway, On Site
Parking Notes: Driveway, On Site
Sewer: Public Sewer
Units: 13
Utilities: Sewer Connected
Local Schools
High School: Dundee Junior-Senior High
School District: Dundee
Listed By / Shown By
Listing By
Agency Name: Wine Trail Properties, LLC
Agency Phone: 315-536-8004
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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4917 Hillcrest Drive | MLS# R1661234
This commercial property located at 4917 Hillcrest Drive, Dundee, NY 14837 is currently listed for sale with an asking price of $650,000. Hillcrest Drive is located within the Dundee school district. Search Dundee real estate on www.coldwellbankerchoice.com today.