Profitable multifamily investment opportunity in Waverly, NY. This 2-unit has been family owned for over 30 years and consists of a 2 BR apartment on the left side of the home, and a 3 BR apartment on the right side. When fully occupied, the home brings in $2200 GMI or 26k annually, offering a 5-year ROI. Minor TLC needed in each unit. Structurally solid home. Off street parking for both units. Separate utilities. The backyard/porch overlooks Cayuta Creek. Located across the street from Sopranos Market. Left side currently vacant. 1 minute from I-86. An excellent addition to your portfolio!
Listing courtesy of Signature Properties Corning.
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