This Multifamily Property is no longer advertised on LoopNet.com.

91-95 Otsego St
Ilion, NY 13357

Otsego Apartments · Multifamily Property For Sale · 12 Units

Apartment Buildings New York Ilion 91-95 Otsego St, Ilion, NY 13357

INVESTMENT HIGHLIGHTS

  • $20,000 spent on interior improvements in 2020
  • All Two Bedroom units - All Vinyl Exterior
  • Stable Tenancy - 100% Occupancy is the Norm
  • $36,500 spent on new roof in 2020
  • All Separate Meters - Electric and Water (very cheap municipal electric rates)
  • $10,800/annual Rental Upside on turning over rest of units to current $900/month

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.93 AC
Building Size 10,432 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1989/2020

UNIT AMENITIES

  • Cable Ready

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 12 $900.00 850

PROPERTY TAXES

Parcel Number 212801-119-044-0004-070-100-0000 Improvements Assessment $345,000
Land Assessment $9,000 Total Assessment $354,000

ZONING

Zoning Code R3 (Multi-family)
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  • Listing ID: 22149667

  • Date on Market: 2/3/2021

  • Last Updated:

  • Address: 91-95 Otsego St, Ilion, NY 13357

The Multifamily Property at 91-95 Otsego St, Ilion, NY 13357 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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