$280,000
●
Multifamily -
In Contract
40 Main Street
Delhi, NY 13753
8 Beds
3 Baths
$1,915
Estimated Monthly
$0
HOA / Fees
31.98%
Cap Rate
About This Property
Located steps from the State University of New York Delhi, this
multi-family is a proven money maker. Over the years, the building
has served as student housing. Recent renovations for year-round
tenancy mean that apartments 2 and 3 are now fully rented. The 3368
square feet of living space is laid out into 8 bedrooms, 3
bathrooms, and 3 kitchens plus 3 distinct living room areas.
The building is in a prime location with proven financial success.
.275 acres of central village land, great for off-street
parking.
The front 1046 square foot first floor apartment is currently a student rental with three bedrooms, kitchen, and a large central common area. Apartment 2 (front upstairs) is a similar 1000+ square feet with 3 beds, 1 full bath, large kitchen, a dining area, and a common living area. In the back of the property is a separate 2-bedroom unit with kitchen, bath, and a common area. Both apartments 2 and 3 are currently annual rentals.
In the heart of the upcoming Delaware county seat, Delhi, NY, this income generator is ready for your management.
The front 1046 square foot first floor apartment is currently a student rental with three bedrooms, kitchen, and a large central common area. Apartment 2 (front upstairs) is a similar 1000+ square feet with 3 beds, 1 full bath, large kitchen, a dining area, and a common living area. In the back of the property is a separate 2-bedroom unit with kitchen, bath, and a common area. Both apartments 2 and 3 are currently annual rentals.
In the heart of the upcoming Delaware county seat, Delhi, NY, this income generator is ready for your management.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$539
HOA Dues
-
Year Built
-
Listed By
Last updated: 19 days ago (NYSAMLS #R1487581)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 12, 2024 | In contract | - | |
In contract | |||
Aug 2, 2023 | Listed by Keller Williams Upstate NY Properties | $280,000 | |
Listed by Keller Williams Upstate NY Properties |
Property Highlights
Parking Details
Parking Features: Twoor More Spaces
Interior Details
Bedroom Information
Bedrooms: 8
Bathroom Information
Full Bathrooms: 3
Interior Information
Appliances: Electric Water Heater
Flooring Type: Carpet, Hardwood, Varies, Vinyl
Basement Information
Has Basement
Full
Exterior Details
Property Information
Road Frontage Type: CityStreet
Property Condition: Resale
Year Built: 1900
Building Information
Roof: Asphalt, Shingle
Construction Materials: Vinyl Siding
Lot Information
Rectangular, ResidentialLot
Lot Size Dimensions: 66X182
Lot Size Acres: 0.2758
Lot Size Square Feet: 12012
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $86,600
Tax Annual Amount: $6,470
Utilities Details
Heating Type: Electric, Oil, Forced Air
Utilities: Sewer Connected, Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
5
Beds
3
Baths
-
$185,000
May 10, 2021
$185,000
May 10, 2023
$435/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|