663-667 Road
Conklin, NY, 13903
$850,000
13 Beds
0 Baths
7,385 SqFt
0.61 Acres
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This 13-unit apartment complex offers immense potential for investors looking for a value-add opportunity. Comprised of two buildings with a mix of 1 and 2-bedroom units, the property boasts a new roof, new hot water heaters, consistent rental income, and some recent upgrades. With long-term tenants in place and ample off-street parking, this well-maintained complex is positioned for reliable returns. Rents are currently below market, providing an excellent opportunity for growth. Located just a short distance from parks, the Exchange Street Bridge, and downtown amenities, and offering quick access to major highways, this property is perfect for both seasoned investors and those just starting out. Located in an industrial area with many factories nearby. Don’t miss out on this opportunity to capitalize on immediate income and long-term value growth.

Some units feature a private covered porch and a small deck, offering the perfect space for outdoor relaxation and enjoying the surrounding environment. These private outdoor areas provide added comfort and convenience for tenants. The property also includes a billboard, providing an additional source of income. This unique feature offers an opportunity for passive revenue while benefiting from high visibility.

Don’t miss this opportunity to invest in a property with immediate income potential and long-term growth prospects.

Property Details

Price:
$850,000
MLS #:
S1592071
Status:
Active
Beds:
13
Baths:
0
Address:
663-667 Road
Type:
Single Family
Subtype:
Commercial
Neighborhood:
Conklin-032800
City:
Conklin
Listed Date:
Mar 25, 2025
State:
NY
Finished Sq Ft:
7,385
Total Sq Ft:
7,385
ZIP:
13903
Lot Size:
26,572 sqft / 0.61 acres (approx)
Year Built:
1970
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Schools

School District:
Susquehanna Valley

Interior

Appliances
Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Baseboard, Hot Water

Exterior

Construction Materials
Block, Concrete, Wood Siding
Exterior Features
Fence, Gravel Driveway
Parking Features
Three Or More Spaces, No Garage
Roof
Asphalt

Financial

Net Operating Income
$69,732
Taxes
$9,818

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Community

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663-667 Road
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