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$499,000 A-Active
1-5 Orchard Park Street
Phelps, NY 14532
Multi Family 5+
0.88 acre lot - MLS# R1048877
Property Photo
1/23

Description

Outstanding investment opportunity with this beautiful two building apartment complex. Each building contains four 2 bedroom apartments and layouts are nearly identical in the two buildings. Separate heat and electric in each unit, including built in A/C units. Coin-op laundry in each building. All units are very well maintained and some have been completely remodeled. Hardwood cabinets, wall to wall carpet, and newer vinyl replacement windows throughout. Great location on nice flat lot on dead end street, just down the road from Downtown Phelps and Rte 96. All units occupied by long term tenants. Call today for more information on this rare opportunity!!

Features

  • Zip Code: 14532
  • Separate Utilities: Electricity
  • School Tax: 7554
  • School District: Phelps-Clifton Springs (Midlakes)
  • Roof Description: Asphalt, Shingles
  • Rent Includes: Grounds Maintenance, Refuse Removal, Snow Removal, Water
  • Property Type: Multi Family 5+
  • Parking Spacesper Apt: 2 Spaces
  • Operating Expenses Include: Exterior Maintenance, Gas/Oil, Insurance, Refuse, Repairs/Maintenance, Snow Plow, Water/Sewer
  • Number Of Heating Units: 10
  • Sewer Description: Sewer Connected
  • Sq.Ft.: 6608
  • Stories: 2-Story
  • Year Built Description: Existing
  • Year Built: 1980
  • Water Resources: Public Connected
  • Water Heater Fuel: Electric
  • Village: Phelps-Village
  • Town County Tax: 2463
  • Total Taxes: 11752
  • Total Number Of Apartments: 8
  • Sub Type: Other - See Remarks
  • Number Of Gas Meters: 2
  • Number Of Electric Meters: 10
  • Exterior Construction: Vinyl
  • Driveway Description: Parking Area, Stone/Gravel
  • Directionsto Property: From Route 96 In Phelps, Turn Onto William Street Then Right Onto Ontario Street. Property Is On Lef
  • County/Area: Ontario County
  • City Village Tax: 1735
  • Basement: None,Slab
  • Area: Phelps-Village-324001
  • Amenities Included: Coin Laundry
  • Additional Exterior Features: Cable TV Available, Thermal Windows - Some
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Garage Spacesper Apt: No Garage Spaces
  • Heating Fuel Description: Electric
  • Number Of 2 Bedroom Apartment: 8
  • Nearest Cross Street: Ontario St.
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Dimensions Frontage: 152
  • Lot Dimensions Depth: 242
  • Listing Status: A-Active
  • Kitchen Equip Appl Included: In All Apartments, Oven/Range Electric-Some, Refrigerator
  • Incomeexpense Information: Estimated
  • HVAC Type: Baseboard, Multi-Zone, Wall A/C Units-Some
  • Acres: 0.8800

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David W. Young, President/Broker

CORPORATE HEADQUARTERS:
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Seneca Falls, NY  13148
Phone: (315) 568-5282
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Geneva, NY  14456
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David W. Young
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