edie

bob
Commercial / Investment


109 E Main Street - Montour Falls
$69,500
MLS# 125087

School District:Odessa-Montour
Bedrooms:6Baths:3
  • Fully occupied and easy-to-rent 3-family home
  • One 3-bedroom rents for $600/month
  • One 2-bedroom rents for $450/month
  • One 1-bedroom rents for $400/month
  • Additional income derived from rental of garage to a neighborhood business
  • Large yard
  • Easy drive to Watkins Glen, Horseheads-Elmira or Ithaca
  • Public transportation available
  • Cashflow Analysis: Current CAP rate is 9.31% with potential for improvement

204-206 Owego Street - Montour Falls
$64,900
MLS# 125088

School District:Odessa-Montour
Bedrooms:6Baths:2
  • Fully occupied and easy-to-rent side-by-side duplex
  • 204 rents for $450/month; 206 rents for $500/month
  • Tenants pay all utilities
  • Separate storage space for each unit
  • Off-street parking for each unit
  • Easy drive to Watkins Glen, Horseheads-Elmira or Ithaca
  • Public transportation available
  • Cashflow Analysis: Current CAP rate is 11.23%