7315 E Main Street, Port Leyden, NY 13433 | MLS #S1661390 | HUNT Real Estate
 
  • 143 days on site
  • 3 views

Excellent Cash-Flowing 5-Family Investment Opportunity Well-maintained 5-family income property ready for its next owner. The building features five spacious one-bedroom apartments, all in good condition. Four of the five units are currently leased, providing immediate income, while one freshly updated unit is vacant—intentionally left open to allow investors easy access for viewing and due diligence. Each apartment offers a functional and desirable layout, including a full kitchen, comfortable living room, full bathroom, and a private bedroom. Current rents are $850 per month per unit, with heat and water included, offering strong and consistent income. A detailed rent roll is available upon request, and the numbers on this property are very attractive. Additional income potential is provided by a coin-operated washer and dryer located in the walk-out basement. The property sits on a large lot with ample off-street parking, ensuring tenant convenience and minimal management issues. This is a solid, low-maintenance asset ideal for both seasoned investors and those expanding their multifamily portfolio.

Source: New York Alliance, MLS#: S1661390

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  • Property Type
    Residential Income
  • Lot
    3.20 acres

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  • Median Age
    37
  • Population Density
    37
  • College Educated
    17%
  • Estimated Median Income
    $42,083
  • Estimated Total Home Owners
    515
  • Estimated Total Renters
    122
  • Owner / Renter Divide
    81% / 19%
  • Estimated Average Household Size
    3
  • Total Population
    1,657
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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