500 East Monroe Street
500 East Monroe Street
$80,000
8
3
4,024
4,024
$20
Closed 5/20/22
Description
Now active on the market is a fully rented 3-unit home with long-time tenants, low maintenance cost and amazing cash flow! The home holds 8 bedrooms throughout the 3 units. This is a high-yield property that had recently received major CAPEX improvements and had all major repair work completed! The owners have also completed improvements including new porches and concrete drains. The in-place rents near $20k gross and a NOI of $13k, providing major substantial upside at market rents without a need...Now active on the market is a fully rented 3-unit home with long-time tenants, low maintenance cost and amazing cash flow! The home holds 8 bedrooms throughout the 3 units. This is a high-yield property that had recently received major CAPEX improvements and had all major repair work completed! The owners have also completed improvements including new porches and concrete drains. The in-place rents near $20k gross and a NOI of $13k, providing major substantial upside at market rents without a need for major improvements! One tenant pays for a full year of rent in advance at the currently discounted rate while other rents are substantially below market as well. This is a great chance to secure an investment property, generate additional income while living in a unit, or to maintain privacy while keeping your loved ones close. Schedule a tour with us today!
- Listed by Brandon Mosher • RIVER HILLS PROPERTIES LLC LFP: 315-508-5268 C: 315-508-5268 riverhillsbrandon@gmail.com
Property Details for 500 East Monroe Street
On Waterfront
No
Parking DescriptionCommon, Gravel
Nearest Cross StreetNorth Ann Street
Location
LISTING UPDATED: 03/24/2023 04:49 PM
Property Details for 500 East Monroe Street
Status | Closed |
---|---|
MLS # | S1391414 |
Days on Market | 28 |
Taxes | $4,247 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Residential |
Year Built | 1900 |
Lot Size | - |
County | Herkimer County |
Location
Building Information for 500 East Monroe Street
Stories2Residences3Year Built1900Building Size-Lot Size-
Payment Calculator
$791 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 500 East Monroe Street
Property History for 500 East Monroe Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 500 East Monroe Street
Taxable ValueLand$1,200Additions$14,200Total$15,400
Tax Record2020$2,768 ($231 / month)
Home Facts
Baths3Total Finished SqFt4,024 SqFtAbove Grade Finished SqFt4,024 SqFtStories2Lot Size8,379 SqFtStyleTriplexYear Built1900ZoningR2CountyHERKIMERAPN210900 114.60-4-34
Schools near 500 East Monroe Street
This home is within Little Falls City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 9 to 12 | |||
Private - | K to 12 |
Rating | School | Distance |
---|---|---|
Benton Hall Academy PublicPK to 5 | ||
Little Falls High School Public9 to 12 | ||
Mohawk Valley Christian Academy PrivateK 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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