205 Old New Hartford Road

Charming Multi-Family Property with steady income potential! Welcome to your next lucrative investment venture! Nestled on an expansive 1-acre lot, this multi-family property features 5 distinct living spaces, making it an ideal addition to your real estate portfolio. This property comprises 4 studio apartments and a spacious 2-bedroom apartment, catering to a variety of tenants and maximizing rental income. With a current monthly gross income of $4,200, you can enjoy steady cash flow while benefiting from an increasingly competitive rental market. Located in a desirable neighborhood with public water and access to public sewer, this property is perfectly positioned to attract long-term tenants. Its proximity to local amenities, schools, and public transportation enhances its appeal, ensuring high occupancy demand. Each unit boasts separate electrical meters, providing tenants with individual control over their utilities. The common laundry facilities in the basement offer added convenience for residents, further enhancing the livability of the space. Recently paved parking enhances accessibility for both residents and guests, while dual heating units ensures comfort during colder months. This property is not only inviting but also functional, providing a hassle-free living experience for tenants. It also comes with established tenants, solid rental history, and a reliable mechanicals, allowing you to step into a well-oiled investment without the headaches of initial setup. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to the real estate market, this property presents a unique opportunity to capitalize on the growing demand for rental housing. Don't miss your chance to own this exceptional multi-family property! Schedule a viewing today and explore the potential this investment has to offer. Secure your financial future with this promising multi-family gem! ** Common laundry in basement is for the (4) efficiency appartments, the (1) multi bedroom unit has its own laundry, own hot water and own oil fired forced air furnace that the tenant(s) are responsible for the cost to operate. Interior photos have been ommitted for tenant privacy. Tenants are all long term renters on a month-to-month lease and are interested in countinuing to rent following sale.