Courtesy: HUNT Real Estate Corporation
716-633-5350
Excellent investment opportunity in the charming village of Dansville. This multi-family property features 11 residential units, including one 1-BR, nine 2-BR, and one 3-BR apartments. The exterior has been recently painted and the rubber membrane roof is only about 5 years old. Many units have been freshly updated with new paint and flooring. There is also off-street parking behind the property. Owner expenses are minimized – tenants are responsible for their own gas and electric, while landlord provides water, and snow and trash removal. Additional value comes from the basement level – it was previously used for retail / commercial purposes and offers storage or future redevelopment / revenue potential. The property is currently vacant, presenting a unique opportunity for an investor to set market rents and establish a strong revenue stream as units are leased. Taxes are reasonable too, at less than $7500 annually. The building is just steps from shopping, restaurants, and essential services. With a great location, strong unit mix, and recent updates, this property is well positioned to become a stable and profitable investment. Seller reserves the right to set an offer deadline.
Dansville is located in New York. Dansville, New York has a population of 4,620. Dansville is less family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 23.97%.
The median household income in Dansville, New York is $56,406. The median household income for the surrounding county is $64,467 compared to the national median of $69,021. The median age of people living in Dansville is 44.4 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 34.3 inches per year, with 59.7 inches of snow per year.
