HOT 76 BROAD ST MORRIS, NY 13808

Features

• Price/sqft: $39
• Lot Size: 0.49 acres
• Total Units: 3
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 2
• Heating: Baseboard,Forced Air

Facts

• Year Built: 01/01/1890
• Property ID: 877986873
• MLS Number: R1532863
• Parcel Number: 364201 221.18-1-1.00
• Property Type: Multi-family (5 or more units)
• County: Otsego
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Handyman special! Units need work but when its fully optimized this property can generate some seriouscash flow. There are two buildings. The main building has three units. Unit one is a 2 bedroom, 2 bathroom apartment that needs to be fully renovated. It is not rentable. Partially gutted. Unit two is a 3 bedroom, 1 bathroom apartment rented for $750/month. Tenant pays utilities and agreement is month to month. Unit three is a 1 bedroom, 1 bathroom apartment occupied by a caretaker. Utilities in the basement. Bonus storage area. The second building has been fully gutted due to a fire about a year ago. It is ready to be rebuilt. It is set up to be a 5 bedroom and 1 bath house with a two car garage. Bring your vision and your tools and turn this property into a cash cow, or flip it for a quick profit. At least 48 hours notice required for showings.

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