Courtesy: Wine Trail Properties, LLC
315-536-8004
Investor-ready 13-unit apartment building offering immediate cash flow in a strong rental market. The property includes an owner’s suite or potential on-site manager’s quarters in addition to the 13 income-producing units. Features include on-site laundry, security system, ample off-street parking, and updates throughout. Properties of this size are rarely available, and this asset currently performs at approximately an 8.9% cap rate, with additional upside through continued unit improvements.
Dundee is located in New York. Dundee, New York has a population of 2,140. Dundee is more family-centric than the surrounding county with 37.41% of the households containing married families with children. The county average for households married with children is 26.56%.
The median household income in Dundee, New York is $42,019. The median household income for the surrounding county is $57,635 compared to the national median of $69,021. The median age of people living in Dundee is 33.9 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 34.4 inches per year, with 56.7 inches of snow per year.
