1420 Lehigh Station Rd

Baths
3,999 Sq. Ft.
$126 / Sq. Ft.
3,999
Sq. Ft.
$126
per Sq. Ft.

Description

Rarely vacant and extremely well maintained, this 9 unit multifamily property is an excellent investment at an 8.47% cap rate and a huge potential for upswing. Additional income available from coin operated laundry onsite and rental of the detached garage. Current rents are presently below market value for this area. Many recent updates completed including new electrical service, new boiler and hot water heater, added insulation, new roof and new gutters. This property has ample parking for tenants...Rarely vacant and extremely well maintained, this 9 unit multifamily property is an excellent investment at an 8.47% cap rate and a huge potential for upswing. Additional income available from coin operated laundry onsite and rental of the detached garage. Current rents are presently below market value for this area. Many recent updates completed including new electrical service, new boiler and hot water heater, added insulation, new roof and new gutters. This property has ample parking for tenants and is conveniently located just minutes from 390 and the NYS thruway.
  1. Listed by Robert F. Marvin • Realty Brokerage Services LLC
    P: (585)-697-0901 C: (585)-697-0901 Robert.Marvin@svn.com

Property Details for 1420 Lehigh Station Road

On Waterfront
No
Parking Description
Three Or More Spaces
Nearest Cross Street
Green Clover
LISTING CLOSED: 11/27/2019 12:00 AM

Property Details for 1420 Lehigh Station Road

StatusClosed
MLS #R1197837
Days on Market167
Taxes$9,818 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Other
Year Built1880
Lot Size0.56 AC / 24,375 SF
CountyMonroe County

Location

Listing Courtesy of Realty Brokerage Services LLC

Sold By Slusser Realty Group

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Building Information for 1420 Lehigh Station Road

Stories2Residences9Year Built1880Building Size-Lot Size0.56 AC / 24,375 SF

Payment Calculator

$3,335 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,516

Property Taxes

$818

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1420 Lehigh Station Road

Summary
Location and General Information
  • Elementary School District: Rush-Henrietta
  • High School District: Rush-Henrietta
  • Middle Or Junior School District: Rush-Henrietta
  • Village: Not Applicable
  • Human YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Henrietta-263200
  • Tax Annual Amount: $9,818.00
Property
Lot Information
  • Building Area Total: 3999.0
  • Land Features: Corner Lot
  • Num Of Acres: 0.5596
  • Lot Size Area: 0.5596
  • Lot Size Square Feet: 24375.0
  • Lot Size Units: Acres
  • Parcel Number: 263200-176-090-0001-069-000
  • Lot Number: 69
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $284,000
  • Year Built: 1880
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Num Of Electric Meters: 9
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Laundry Facilities
  • Construction Materials: Aluminum Siding, Steel Siding
  • Exterior Features: Gravel Driveway
  • Other Structures: Barns, Outbuilding
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Laundry Features: Common Area, Coin Operated
  • Levels: Two
  • Sq Ft Total: 3999.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Gross Annual Income: $71,640.00
  • Net Operating Income: $61,822.00
  • Number Of Units Total: 9
  • Operating Expenses: $22,983.00
  • Operating Expense Includes: Fuel, Maintenance Structure, Snow Removal, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Heat, Snow Removal, Water

Property History for 1420 Lehigh Station Road

DateEvent & SourcePriceAppreciation
Nov 27, 2019

Sold

WNYREIS #R1197837

$505,000
Nov 19, 2019

Sold (Public Record)

Public Record #659257137

$505,000
Nov 14, 2019

Pending

WNYREIS #R1197837

DateEvent & SourcePrice
11/27/2019

Sold

WNYREIS #R1197837

$505,000
11/19/2019

Sold (Public Record)

Public Record #659257137

$505,000
11/14/2019

Pending

WNYREIS #R1197837

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1420 Lehigh Station Road

Taxable ValueLand$147,200Additions$580,800Total$728,000
Tax Record2024$14,629 ($1,219 / month)
Home Facts
Total Finished SqFt5,658 SqFtAbove Grade Finished SqFt5,658 SqFtUnfinished Basement SqFt1,333 SqFtStories2Lot Size24,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Zoning02 - SINGLE RCountyMONROEAPN263200 176.09-1-69

Schools near 1420 Lehigh Station Road

This home is within Rush-Henrietta Central School District.
Rating
School
Type
Grades
Distance
Public - 4 to 6
Public - 7 to 9
Public - 9 to 12
Rating
School
Distance
Emma E Sherman Elementary School
Public4 to 6

Henry V Burger Middle School
Public7 to 9

Rush Henrietta Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Realty Brokerage Services LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.