Courtesy: Gentry Realty
315-942-4408
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.
Port Leyden is located in New York. Port Leyden, New York has a population of 578. Port Leyden is more family-centric than the surrounding county with 35.2% of the households containing married families with children. The county average for households married with children is 30.42%.
The median household income in Port Leyden, New York is $43,250. The median household income for the surrounding county is $60,049 compared to the national median of $69,021. The median age of people living in Port Leyden is 33.2 years.
The average high temperature in July is 77.4 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 46.8 inches per year, with 150.4 inches of snow per year.
