Standardized Operating Procedure of Purchase

Cash-flowing duplex in the heart of Canandaigua. Fully occupied and producing immediate income, this property has been continuously rented for 15 years. Ideal for investors seeking a stable asset with low maintenance in a high-demand rental market. Entire house was gutted and remodeled in 2010 including new energy efficient gas furnaces with new duct work throughout, pex plumbing, new electrical wiring and breakers, outlets and gfci outlets in kitchens and bathrooms as well as hardwired smoke detectors, canned lights, fan/light combos, stained woodwork throughout, wood cabinetry, corian counter tops tub/shower combo with tile walls, hardwood flooring in living areas, granite flooring in bathrooms and tile flooring in laundry room. Interior doors are solid wood with oak veneer which has been stained to match the trim in the house. Gas hot water tanks new in 2020. House roof replaced in 2011 and barn roof was replaced in 2020. No carpeting. Energy efficient windows, steel doors, and hardi board siding. Appliances include 2 gas stoves, 2 refrigerators, 2 dishwashers, 2 washers and 2 dryers. Two car garage with remote control doors, storage space and a large paved driveway. Each apartment has 2 entry/exit points as well as their own laundry areas. Close to downtown, shopping, dining, Canandaigua Lake, FLCC, CMAC, the Finger Lakes and major routes, making it attractive to tenants and easy to manage.