Courtesy: Corcoran Country Living
518-660-7120
621 County Route 22, Durham, NY Multi-family property consisting of four residential units, including a mix of studio to two-bedroom layouts. With the possibility of a 5th Unit. The property has an established rental history and 3 out of the 4 units are currently occupied, providing immediate income potential. The building is situated on a spacious lot and requires repairs and updates, offering an opportunity to improve value and increase rental performance over time. Each unit features a distinct layout and room for improvement. Located in the center of Durham with access to local amenities and destinations. This property presents potential for investors seeking income-producing real estate.
Durham is located in New York. Durham, New York has a population of 2,638. Durham is more family-centric than the surrounding county with 27.58% of the households containing married families with children. The county average for households married with children is 26.95%.
The median household income in Durham, New York is $56,845. The median household income for the surrounding county is $62,810 compared to the national median of $69,021. The median age of people living in Durham is 43.6 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 42.3 inches per year, with 46.8 inches of snow per year.
