Courtesy: Howard Hanna
315-524-2331
Fully Remodeled 24 units available for your portfolio package. Settled about 1/2 mile from famous Canandaigua Lake. Featuring 16 two bedroom apartments and 8 one bedroom. There is one section ready to build another 8 - 1 bedroom units with all approved architectural designs. All you have to do is to pull the permit, build, and you will have on extra $105,600 annual income. All documentation will be provided before closing. In the past 2 years all units went through complete remodeling including new kitchens, appliance's, bathrooms, decks and flooring. Newer roof, and one year old paved parking lot. Long term tenants. Gross annual income $326,400.00 if fully occupied. All major repairs have been completed, just need's to be maintained and collect the rent. Financials provided. Group Showing on Monday 08/24 from 1PM-2PM. Must register.
Courtesy: Griffith Realty Group
585-394-8000
Potential to Convert to Apartments! Currently used as a rooming house as follows: This rooming house has 9 bedrooms, 3 bathrooms & is fully occupied & turn key. 15% cap rate, 1 of 3 rooming houses being listed. Others are at 38 Chapin St, Canandaigua(R1693108) & 75 S. Main St, Manchester(R1693116). Possible uses: Keep as is, convert to 4 unit apt building or use as a large single family home. Please allow 48 hours for showing appointments. Financials available upon request.
Courtesy: Griffith Realty Group
585-394-8000
Potential to Convert to Apartments! Currently used as a rooming house as follows: This rooming house has 9 rooms, 2 of which are double rooms & 4.5 baths located in Canandaigua, NY. Fully rented, 4 entrance/exit points, 4 parking spots. 15-20% cap rate. Net operating income is $55,776. Please allow 48 hours notice for showing appointments. Excellent ROI option. Also available as a large single family home. Turn key and ready to go. This is 1 of 3 being listed, others are at 146 Pleasant St, Canandaigua (R1693112) & 75 S. Main St, Manchester(R1693116).
Canandaigua is located in New York. Canandaigua, New York has a population of 10,563. Canandaigua is less family-centric than the surrounding county with 27.2% of the households containing married families with children. The county average for households married with children is 28.73%.
The median household income in Canandaigua, New York is $52,365. The median household income for the surrounding county is $70,694 compared to the national median of $69,021. The median age of people living in Canandaigua is 41.9 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 34.1 inches per year, with 55.4 inches of snow per year.
