16-22 Read St
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16-22 Read St
11 Unit Apartment Building $799,000 ($72,636/Unit) Hancock, NY 13783
Investment Highlights
- Great Investment Opportunity.
- Electric, trash, internet, water & sewer paid by Landlord.
Executive Summary
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.
Property Facts Under Contract
| Price | $799,000 | Building Class | C |
| Price Per Unit | $72,636 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 15,750 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1939 |
| Property Subtype | Apartment | Parking Ratio | 0.63/1,000 SF |
| Apartment Style | Low Rise |
| Price | $799,000 |
| Price Per Unit | $72,636 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 15,750 SF |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 0.63/1,000 SF |
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | - |
PROPERTY TAXES
| Parcel Number | 123601-429-017-0002-004-000 | Improvements Assessment | $42,000 |
| Land Assessment | $8,000 | Total Assessment | $50,000 |
PROPERTY TAXES
Parcel Number
123601-429-017-0002-004-000
Land Assessment
$8,000
Improvements Assessment
$42,000
Total Assessment
$50,000
zoning
| Zoning Code | Business (Commercial Business) |
| Business (Commercial Business) |
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16-22 Read St
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