619 Plant Street 5
Utica, NY, 13502
$282,900
7 Beds
0 Baths
2,998 SqFt
0.16 Acres
Add
Calling all investors and house hackers. Let’s go. Opportunity to live rent-free. Don’t miss out on the rising values in this neighborhood. Sober Living and student rentals are viable options. Showings for this unique tenant-occupied 5-unit apartment building request 24 hours notice to coordinate with current residents. Two units are available and ready for immediate occupancy. 3br, 2- 1br , 1 studio. total of 7 beds. The property boasts numerous recent upgrades. Tenants are compliant and hold month-to-month leases paid current. Situated in a burgeoning neighborhood favored by students, It is close to many conveniences, including a new Downtown Hospital with a large travel workforce seeking quality housing. This is an ideal turnkey investment for an owner-occupied or for those pursuing short-term rental options. Imagine living rent-free and receiving passive income. A must-see property, this hidden gem promises a robust cash-on-cash return. Value added by getting market rent for the units. up to 6k/month for long-term rent = 70k/yr. Prequalified buyer and or proof of funds. The seller is open to some owner financing.

Property Details

Price:
$282,900
MLS #:
S1543641
Status:
Active
Beds:
7
Baths:
0
Address:
619 Plant Street 5
Type:
Single Family
Subtype:
Commercial
City:
Utica
Listed Date:
Jun 9, 2024
State:
NY
Finished Sq Ft:
2,998
Total Sq Ft:
2,998
ZIP:
13502
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1900
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Utica
Elementary School:
John F Hughes Elementary
Middle School:
Senator James H Donovan Middle
High School:
Thomas R Proctor High

Interior

Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Cooling
Window Units, Wall Units
Flooring
Hardwood, Luxury Vinyl, Tile, Varies
Heating
Gas, Radiant, Steam

Exterior

Community Features
Other, See Remarks
Construction Materials
Fiber Cement, Vinyl Siding, Wood Siding, Copper Plumbing, P E X Plumbing
Exterior Features
Blacktop Driveway, Dirt Driveway, Fence, Gravel Driveway, Private Yard, See Remarks
Parking Features
Threeormore Spaces, No Garage
Roof
Asphalt, Shingle

Financial

Net Operating Income
$16,850
Taxes
$3,375

Map

Community

Similar Listings Nearby

619 Plant Street 5
Utica, NY