311-317 Cole Rd

720 Sq. Ft.
$292 / Sq. Ft.
720
Sq. Ft.
$292
per Sq. Ft.

Description

Welcome to this exceptional investment opportunity! Situated on 6 sprawling acres, this property offers not one but three fully rented trailers, A total rental income of $2,600 per month. Imagine the passive income flowing effortlessly into your pocket. Adding to its appeal, the property includes an unoccupied single-family home and huge 2 car garage that was recently rented for $975 per month, presenting the ideal chance for an owner-occupied investment. Move in and let the tenants cover your mortgage...Welcome to this exceptional investment opportunity! Situated on 6 sprawling acres, this property offers not one but three fully rented trailers, A total rental income of $2,600 per month. Imagine the passive income flowing effortlessly into your pocket. Adding to its appeal, the property includes an unoccupied single-family home and huge 2 car garage that was recently rented for $975 per month, presenting the ideal chance for an owner-occupied investment. Move in and let the tenants cover your mortgage and cash flow. All 4 units rented, you are looking at about a 15% cap. Always the possibility of rent increases. The best part? Long-time tenants, ranging from 3 to 7 years, ensure stability and consistent cash flow. Embrace the ease of managing an already successful rental operation. Beyond its financial prowess, the property's expansive land offers room for expansion or development projects. Seize the opportunity to grow your investment further! Whether you're a seasoned investor or a future homeowner looking for a smart investment, this property is a must-see. Don't let this golden opportunity pass you by. Act now and secure your place in the world of profitable real estate!
  1. Listed by Jeremy Allen • Acropolis Realty Group LLC
    P: (315)-396-0493 C: (315)-396-0493 jeremyallenrealtor@gmail.com

Property Details for 311-317 Cole Road

On Waterfront
No
Parking Description
Twoor More Spaces
Nearest Cross Street
Cow Path
LISTING CLOSED: 01/11/2024 12:00 AM

Property Details for 311-317 Cole Road

StatusClosed
MLS #S1489373
Days on Market19
Taxes$3,012 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential
Year Built1995
Lot Size6.00 AC / 261,360 SF
CountyOswego County

Location

Listing Courtesy of Acropolis Realty Group LLC

Sold By Century 21 Tucci Realty

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Building Information for 311-317 Cole Road

Stories1Residences4Year Built1995Building Size-Lot Size6.00 AC / 261,360 SF

Payment Calculator

$1,297 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,046

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 311-317 Cole Road

Summary
Location and General Information
  • Elementary School District: Hannibal
  • High School District: Hannibal
  • Middle Or Junior School District: Hannibal
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Granby-352800
  • Tax Annual Amount: $3,012.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 720.0
  • Land Features: Agricultural, Rectangular
  • Num Of Acres: 6.0
  • Lot Size Area: 6.0
  • Lot Size Square Feet: 261360.0
  • Lot Size Units: Acres
  • Parcel Number: 352800-300-000-0007-002-080-0000
  • Lot Number: 2
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $83,000
  • Year Built: 1995
  • Year Built Description: Existing
  • Zoning Description: Agricultural
Utilities
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 0
  • Sewer Description: Septic Tank
  • Utilities Available: Cable Available
  • Water Supply: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Steel Siding, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof Description: Metal
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: None
  • Basement YN: No
  • Num Of Possible Bedrooms: 11
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
  • Heating: Propane, Baseboard
  • Heating YN: Yes
  • Levels: One
  • Sq Ft Total: 720.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$3,012.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Snow Removal
  • Stories: 1
  • Stories Total: 1
Unit 1
  • Unit Type Actual Rent: $965.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $965.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 965
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Living Room,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $850.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Unit 3
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Living Room,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $850.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Unit 4
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Living Room,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $900.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: Snow Removal
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 311-317 Cole Road

DateEvent & SourcePriceAppreciation
Jan 11, 2024

Sold

New York State Alliance of MLSs (Buffalo) #S1489209

$210,000
Jan 11, 2024

Sold

WNYREIS #S1489209

$210,000
Jan 11, 2024

Sold

WNYREIS #S1489373

$210,000
DateEvent & SourcePrice
01/11/2024

Sold

New York State Alliance of MLSs (Buffalo) #S1489209

$210,000
01/11/2024

Sold

WNYREIS #S1489209

$210,000
01/11/2024

Sold

WNYREIS #S1489373

$210,000

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

Schools near 311-317 Cole Road

This home is within Hannibal Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Fairley School
PublicPK to 4

Kenney Middle School
Public5 to 8

Hannibal 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 Acropolis Realty Group 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.