120 Diamond Street, Canastota, NY 13032

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Property Description

Welcome to 120 Diamond Street. This charming and rare 4-unit is a perfect value add to any portfolio or an excellent owner-occupied house-hacking contender. 4 units span across just over 4,200 square feet of living space. There are 2, one-bedroom units and 2, two-bedroom units. 3 units are thoughtfully updated and remodeled and actively generating income, while one unit is down to the studs and requires your vision. Completing this unit would create a quick forced appreciation opportunity for the right buyer. The home is ideally situated on a corner lot with a large parking area at the rear for 4+ cars, a major plus for tenants. An attached garage on the backside of the building adds extra storage and could create additional value transformed into tenant storage or a possible coin-op laundry area. Rents are currently below market value but, could generate $3,000+/ month and $4,500+/ month after the fourth unit is complete and rented. In the village and close to everything. Only 3 minutes to I-90! Don't miss out on this rare opportunity to have 4 income generating units all in one place!

120 Diamond Street | MLS# S1702723

This multi-family property located at 120 Diamond Street, Canastota, NY 13032 is currently listed for sale by Coldwell Banker Prime Properties, with an asking price of $259,900. Diamond Street is located within the Canastota school district. Search Canastota real estate on bill-lavery.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 1
Heating: Electric, Gas, Baseboard, Forced Air, Hot Water, Radian
Home Style: Fourplex
Lot Size: 0.28 Acres
Stories: 2.0
Taxes: $7,991
Year Built: 1976

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Vinyl Siding
Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
Lot: Corner Lot, Rectangular, Rectangular Lot
Lot Dimensions: 68X180
Parcel#: 253601-036-054-0002-020-000-0000
Parking: Parking Available, Two or More Spaces
Parking Notes: Parking Available, Two or More Spaces
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

High School: Canastota High
School District: Canastota

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Estimated Payment

$ 1,320.15 per month $578.42 Principal & Interest $665.92 Property Tax $75.80 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Prime Properties

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Shown By

Agent Name: William Lavery
Agent Phone: (518) 222-6368 Cell

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