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1081 Springfield Road, Wilmington, NY 12997

$225,000
Rental Complex For Sale MLS# 159027 ID: 44582181
$225,000 Get Rates

Apartments - Wilmington, NY
This is an excellent investment opportunity to purchase this five unit apartment home and to increase rents to current market rents for an annual in excess of $40,000 There is a large backyard, level with woods on the perimeter, very private, and many of the units have decks. There are two separate areas for ample parking of over 8 cars. Tenants pay their own utilities, and all apartments are on a month to month lease. The seller has allowed below market rents for the tenants that have remained for many years which can be increased with a months notice. Outdoor storage shed for lawn equipment.

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Property Features for 1081 Springfield Road
Status
Market Status
Available
Last Updated
June 18, 2018
Description
Property Type
Rental Complex For Sale
Year Built
1991
Approx. Lot Size
1.70 Acres
Sq. Feet
4,800

Appliances

  • Refrigerator
  • Oven

Building Features

  • Heating System: Baseboard; Hot Water; Stove
  • Roof: Composition Shingle
  • Heating Fuel: Electric; Oil; Wood

Exterior Features

  • Exterior Construction: Wood Siding
  • Porch/Deck

Listing Features

  • Property Type: MultiFamily; Apartment

Data Provided by Adirondack Champlain Valley MLS

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Nancy White, Lake Placid Real Estate



Berkshire Hathaway Adirondack Premier Properties, Lake Placid NY


  • Phone: View Phone Number (518) 523-3333
  • Toll Free: View Phone Number (866) 951-0033
  • Website: Visit Office Website

Data Provided by:
Adirondack Champlain Valley MLS


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More information about this $225,000 Rental Complex For Sale at 1081 Springfield Road

This $225,000 Rental Complex For Sale at 1081 Springfield Road in Wilmington, NY is offered by Nancy White. This $225,000 Rental Complex For Sale, located in the 12997 zip code, has the following property features: Property Type, Heating System, Exterior Construction, Oven. This 1081 Springfield Road Rental Complex For Sale, located in Essex County , is listed under MLS listing number 159027 and has a listing price of $225,000. You can find more of Nancy White's listings by browsing Nancy White homes for sale at HomesAndLand.com, or even more WILMINGTON homes for sale here.