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143, 145 and 147 Madison  Cortland

$499,900

 

 


Helen Rumsey
Associate Broker, ABR

HAGE

Real Estate
4070 West Road

(Route 281)
Cortland, New York 13045
(607) 753-6766
Toll Free 1-877-320-9105
helen@hagerealestate.com

 

 

 

 
Buildings 5
Total Units 16
   
Studios (1) $500
1 Bdrm. (3) $580
2 Bdrm. (6) $640
3 Bdrm. (6) $700
   
Elec. Meter 5
Gas Meters 5
Furnaces 4
 
Assessment: $305,100
Total Taxes: $14,768
Style: multi-family
Year Built: 1890
Square Feet: 7,743
   
Lot Dim.: 159 x 210
County: Cortland
School Dist.: Cortland
 
Construction: vinyl siding
Heat/Cool: baseboard, forced air, radiators
Utilities: public water/sewer, cable avail.
Amenities: coin-op laundry
Expenses: electric (some), gas (some), insurance, repairs, maint. (incl. snow removal, lawn care), water/sewer
 
DESCRIPTION:  Investment opportunity!  3 lots, 159 ft. road frontage, 5 buildings with a total of 16 units and a coin-op laundry in a great central location. near schools,  Well maintained, new roofs in 2009, newer siding and porches.  

* One 2 bedroom unit currently occupied by family member (will move upon closing), one studio vacant.  Vacant units rent and laundry income not reflected in income.