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687 Main Street

Cairo, NY 12413
  • $300,000
  • STATUS: Active
  • MLS #: 202131049
UPDATED: 20 min ago
$300,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 70,000
    SQFT
  • $4
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

School District:

Description

Currently running as a 5 unit but could easily be a 7 units in the main house with an additional building in the rear of the property that could (with Approval from town) could be converted into 3 more apartments for a total of 10 units. 1.6 acres with municipal water and sewer with plenty of parking. This is def a money maker for anyone looking to get in to the real estate market or a seasoned investor. All rents are below market value. The three apartments that are rented for $800 should read for 900 easily. The one upstairs apartment should easily rent for $950 and the owners apartment would rent for $1000-$1100. There are two other potential apartments in the main building one 2 bedroom and then one studio/1 bedroom adding another $1800 a month to your rent roll landlord pays taxes,

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© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-18T15:12:05.463.
www.carrowresidential.com/homes/122629435
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687 Main Street Cairo, NY 12413

  • Price: $300,000
  • Status: Active
  • On Site: Days
  • Updated: 20 min ago
  • MLS #: 202131049
0
Beds
0
Baths
0
½ Baths
0.12
Acres
70,000
SQFT
$4
$/SQFT
1970
Built
County:
Greene
Area:
Greene
School District:
Cairo-Durham
Property Description
Currently running as a 5 unit but could easily be a 7 units in the main house with an additional building in the rear of the property that could (with Approval from town) could be converted into 3 more apartments for a total of 10 units. 1.6 acres with municipal water and sewer with plenty of parking. This is def a money maker for anyone looking to get in to the real estate market or a seasoned investor. All rents are below market value. The three apartments that are rented for $800 should read for 900 easily. The one upstairs apartment should easily rent for $950 and the owners apartment would rent for $1000-$1100. There are two other potential apartments in the main building one 2 bedroom and then one studio/1 bedroom adding another $1800 a month to your rent roll landlord pays taxes,
Exterior Features

Architectural Style Apartments Lot Size Dimensions 1.63 Parking Features Dirt Waterfront YN No

Interior Features

Building Available Sq Ft 5064.0000 Heating BaseboardHot Water Office Available Sq Ft 0.00 Retail Available Sq Ft 0.00 Warehouse Available Sq Ft 1600.00

Property Features

Association YN No City Town Taxing Entity Cairo Electric Expense 400.00 Electric Expense Description Estimated Enhanced Accessible YN No Gross Income 58800 Gross Income Description Estimated Insurance Expense 1300.00 Insurance Expense Description Estimated Net Operating Description Estimated Net Operating Income 15200 Ownership No Special Conditions Possible Use Commercial House Property Sub Type Mixed Use Sewer OtherPublic SewerSee Remarks Special Listing Conditions Standard Tax Annual Amount 4439.00 Water Source OtherPublicSee Remarks

Listing information © 2022 Global MLS.
Listing provided courtesy of Ron Knowles of Century 21 Alliance Realty:(845) 297-4700.



© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-18T15:12:05.463.
 
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