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7314 Spaulding Drive #7310, Bath, 14810
ML Number: R1726896
List Price: $369,900
Description
Excellent Investment Opportunity with Multiple Income Streams! This income-producing property features a four-unit apartment building with one 3-bedroom and three 1-bedroom apartments, plus a newly constructed duplex with two additional 1-bedroom apartments. The property also includes two tenant-owned mobile homes paying lot rent and a rented barn/outbuilding. Currently generating approximately $5,600 in gross monthly income ($67,200 annually) before expenses! The apartments are clean and well-maintained with established, good-paying tenants, including one who has been there for 17 years. Numerous updates throughout, with each apartment unit having its own hot water heater and electric meter. Both multi-unit buildings are equipped with UV light systems. The property is serviced by two wells and four septic systems. The mobile home shared well has a chlorination system. Tenants pay their own utilities, while garbage service is included in the rent. A great opportunity to own a multi-unit investment property with multiple established income streams!
Aerial View of this Location
| Property Type: | 5 + Unit Apartments |
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| Bedrooms: | 8 |
| Full Bath(s): | |
| Half Bath(s): | |
| Living Area (SqFt): | 7,349 |
| Lot Size (Acres): | 0.9300 |
| Garage Spaces: | |
| Year Built: | 2022 |
| Address: | 7314 Spaulding Drive #7310 |
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| City: | Bath |
| County: | Steuben |
| State: | NY |
| Zip Code: | 14810 |
| School District: | Bath |
| List Price: | $369,900 |
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| Assessed Value: | $0 |
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Property Features
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| On Waterfront: | No |
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| # Fireplaces: | 0 |
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Listing courtesy of Empire Realty Group.
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