Sold
Last Sold Price
4 beds4 baths3,656 sqft

1700 Minsteed Rd, Arcadia, NY 14513

Multi FamilyProperty Type
14.89 acresLot Size
1989Year Built
$26/sq ftPrice per sq ft
1 carParking Spaces

Description

Very unique and hard to find multifamily with a country location yet very close to the village. 3 apartment units and a 4th unit that is a large garage with office and bathroom. Nice large apartments each at about 1,000 square feet in size. Newer construction so very easy maintenance. Large storage shed split into 3 sections so the tenants have extra storage space. Laundry hookups in each apartment assists with attracting tenants. Rents currently below market and it still makes money. Come take a...Very unique and hard to find multifamily with a country location yet very close to the village. 3 apartment units and a 4th unit that is a large garage with office and bathroom. Nice large apartments each at about 1,000 square feet in size. Newer construction so very easy maintenance. Large storage shed split into 3 sections so the tenants have extra storage space. Laundry hookups in each apartment assists with attracting tenants. Rents currently below market and it still makes money. Come take a look!
  • Listed by: David A. Doebler 315.331.7070 David@DoeblerRealty.com • Doebler Realty, Inc
Listing closed: 04/26/2016 12:00 AM • Source: WNYREIS, MLS#: R274490
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Doebler Realty, Inc

Sold By Nothnagle REALTORS

Add your commute
Payment Calculator

$792 per month

30 year fixed, 7.03% Interest

Principal and Interest

$513

Property Taxes

$280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 1700 Minsteed Road

Property Details

  • Taxes: $3,356 / year
  • MLS Type: Residential / Residential
  • County: Wayne County
  • Styles Of Residence: Fourplex
  • On Waterfront: No
  • Parking Description: Paved, Garage, Garage Door Opener
  • Nearest Cross Street: Hydesville Road

Building Information

  • Stories: 2
  • Residences: 4
  • Year Built: 1989
  • Lot Size: 14.89 AC / 648,608 SF

Summary

Location and General Information
  • Elementary School District: Newark
  • High School District: Newark
  • Middle Or Junior School District: Newark
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Arcadia-542089
  • Tax Annual Amount: $3,356.00

Property

Lot Information
  • Building Area Total: 3656.0
  • Land Features: Rural Lot
  • Num Of Acres: 14.89
  • Lot Size Area: 14.89
  • Lot Size Units: Acres
  • Parcel Number: 542089-068-111-0000-354-929-0000
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $80,000
  • Year Built: 1989
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 0
  • Sewer Description: Septic Tank
  • Utilities Available: Water Connected
  • Water Supply: Connected, Public

Interior and Exterior Features

Exterior Features
  • Construction Materials: Vinyl Siding, Copper Plumbing
  • Exterior Features: Balcony, Deck
  • Other Structures: Sheds, Storage
  • Patio And Porch Features: Balcony, Deck
Interior Features
  • Appliances: Dishwasher, Propane Water Heater
  • Basement Description: None
  • Basement YN: No
  • Floor Description: Carpet, Linoleum, Varies, Vinyl
  • Heating: Oil, Baseboard, Hot Water
  • Heating YN: Yes
  • Interior Features: Ceiling Fans
  • Levels: Two
  • Sq Ft Total: 3656.0
  • Main Level Bathrooms: 0
  • Num Of Rooms: 13

Multi Family

Multi-Family Information
  • Gross Annual Income: $20,280.00
  • Net Operating Income: $16,924.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expenses: $2,400.00
  • Operating Expense Includes: Insurance, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $670.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $670.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 670
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 0
  • Unit Type Num Half Baths: 1
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $540.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dishwasher,Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $540.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 540
Unit 4
  • Unit Type Actual Rent: $580.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dishwasher,Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $580.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 11-30-2016
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 580

Rental

Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Parking, Snow Removal, Water

Property History for 1700 Minsteed Road

DateEvent & SourcePriceAppreciation
Apr 26, 2016

Sold (Public Record)

Public Record #574867226

$96,000

+0.8% / yr

Apr 26, 2016

Sold

WNYREIS #R274490

$96,000—
Apr 26, 2016

Sold

New York State Alliance of MLSs (Buffalo) #R274490

$96,000—
DateEvent & SourcePrice
04/26/2016

Sold (Public Record)

Public Record #574867226

$96,000

+0.8% / yr

04/26/2016

Sold

WNYREIS #R274490

$96,000
04/26/2016

Sold

New York State Alliance of MLSs (Buffalo) #R274490

$96,000

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

Public records

1700 Minsteed Road

Baths

3.5

Total Finished SqFt

3,656 SqFt

Above Grade Finished SqFt

3,656 SqFt

Stories

2

Lot Size

73,181 SqFt

Style

Triplex

Schools near 1700 Minsteed Road

This home is within Newark Central School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Norman R Kelley Intermediate School
Public3 to 5

Newark Middle School
Public6 to 8

Newark Senior High School
Public9 to 12

Perkins Elementary School
PublicPK to 2

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.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Doebler Realty, Inc

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.