Mark DiGiampaolo
REALTOR®, Lic. Real Estate Salesperson
BEDS4
BATHS4 full
SQUARE FEET2,544
MLS#R1687927
STATUSActive
PROPERTY TYPEResidential - Multiple
SCHOOLOneonta
Property Description
Charming 4 unit investment property located 3 blocks to downtown! Classic front porch lines offer nice curb appeal. Plenty of off-street parking. Tenants pay all utilities. Solid cash flow flow opportunity. Double digit Return on Investment! Super opportunity. May be purchased with 4 family next door- 38-40 Cliff Street, a 10 bedroom fully occupied building. See MLS #R1687928. 34-36 Cliff St: Total rents: $37,200 annually. Expenses: Taxes $4,596, Water/Sewer $700, Insurance $1,700, Trash $1,200, snow $375, Maintenance and Vacancy at 5% of gross $2,600. Total expenses $11,171. NOI $26,029. Mortgage cost $18,600 ($259,900, 20% down. 20 year amort, 6.25%), Net Income $7,429 / $51,980 (down payment) = 14.2% Return on Investment with below market rents. One year leases in place. Come take a look at this home offering generous square footage for each unit!
Property Features
Property Type: Residential - Multiple
Basement: Full, PartiallyFinished
Heating: Gas, ForcedAir
Home Style: Fourplex
Lot Size: 0.18 Acres
Roof Type: Flat, RolledHotMop
Stories: 2.0
Taxes: $4,596
Year Built: 1900
Feature Descriptions
Appliances: ElectricWaterHeater, GasWaterHeater
Exterior: BlownInInsulation, Frame
Flooring: Carpet, Varies, Vinyl
Laundry: CommonArea
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 66X148
Parcel#: 300.5-4-60.00
Parking: Common, Gravel, ParkingAvailable
Parking Notes: Common, Gravel, ParkingAvailable
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 4
Utilities: CableAvailable, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water: Connected, Public
Local Schools
School District: Oneonta
Listed By / Shown By
Listing By
Agency Name: Benson Agency Real Estate LLC
Agency Contact: 607-287-1559
Shown By
Agent Name: Mark DiGiampaolo
Agent Phone: (716) 887-3891
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 1,037.23 per month $578.42 Principal & Interest $383.00 Property Tax $75.80 Homeowner's InsuranceChange Payment Information
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34-36 Cliff Street | MLS# R1687927
This home located at 34-36 Cliff Street, Oneonta, NY 13820 is currently listed for sale with an asking price of $259,900. This property was built in 1900 and has 4 bedrooms and 4 full baths with 2544 sq. ft. 34-36 Cliff Street is located within the Oneonta school district. Search Oneonta real estate on mdigiampaolo.mjpeterson.com today.