501 West Genesee Street
Sullivan, NY 13037
MLS #S1075175

Apartment Building
    A-Active $574,777
    Est. P&I payment: $2195.26/mo
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    Description for 501 West Genesee Street, Sullivan, NY 13037
    After 13 years, the owner is ready to move up to a larger project which opens the opportunity window for your investor. Property has a fabulous location on Route 5 across the street from the Yellowbrick Road Casino. The entrance for the building is shared with Maloff Towers but is owned/deeded to the owner of this building, Sager Real Estate. Numerous long term tenants, some over 10 years. Heating boilers(2) were replaced 2004, rubber rolled roof 2006, parking lot sealed 2016, vinyl siding 2004, most all windows and patio doors 2010. Very easy property to manage and maintain.
    MLS #S1075175
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    My Notes for MLS #S1075175

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: A-Active
    • Total Num of Apartments: 10
    • Type of Sale: Normal
    • Year Built: 1975
    • Year Built Description: Existing
    • Num of 2 Bedroom Apartment: 10

    Exterior Features

    • Driveway Description: Blacktop,​Parking Area
    • Exterior Construction: Cedar,​Frame,​Vinyl
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 260
    • Lot Dimensions Frontage: 250
    • Lot Information: Cul De Sac
    • Lot Number: 86
    • Num of Acres: 1.29
    • Parking Spacesper Apt: 1.5 Spaces
    • Roof Description: Built-Up/Tar,​Flat,​Rubber Membrane

    Interior Features

    • Basement Description: Finished,​Partial
    • Floor Description: Vinyl-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: In All Apartments,​Oven/Range Electric-Some,​Oven/Range Freestanding- Some,​Refrigerator
    • Num of Stories: 2.5
    • Sq Ft Total: 10,716

    Utility Features

    • Heating Fuel Description: Gas
    • HVAC Type: Baseboard,​Hot Water,​Radiant,​Wall A/C Units-Some
    • Num of Electric Meters: 11
    • Num of Gas Meters: 2
    • Num of Heating Units: 2
    • Sewer Description: Sewer Connected
    • Water Heater Fuel: Common,​Gas
    • Water Resources: Public Connected

    Financial Features

    • City Village Tax: 2,320
    • Gross Annual Income: 86,000
    • Incomeexpense Information: Provided By Owner
    • Operating Expenses Include: Exterior Maintenance,​Insurance,​Management,​Refuse,​Repairs/Maintenance,​Snow Plow,​Utilities,​Water / Sewer
    • Rent Includes: Grounds Maintenance,​Heat,​Hot Water,​Refuse Removal,​Snow Removal,​Water
    • School Tax: 6,872
    • Second Bedrm Average Month Rent: 700
    • Total Taxes: 13,032
    • Town County Tax: 3,840

    Community Features

    • Amenities Included: Coin Laundry,​Storage
    • County Or Parish: Madison
    • Nearest Cross Street: Tom Tom
    • Village: Chittenango-Village

    School Features

    • Elementary School Name: Lake Street Elementary
    • High School Name: Chittenango High
    • Middle School Name: Chittenango Middle
    • School District Name: Chittenango

    Location

     
    Street View Not Available
    Directions to 501 West Genesee Street, Sullivan, NY 13037
    Route 5 east from Fayetteville to Chittenango Village limit on the right.
    The listing information for 501 West Genesee Street, Sullivan, NY 13037 was graciously provided by our friends at the listing brokerage, RE/MAX Masters

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    P&I Payment $2195.26
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    Last Updated 11/17/2017 at 12:08pm
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