23 Church Street, Franklinville, NY 14737 | MLS #B1658206 | HUNT Real Estate
 
  • 165 days on site
  • 374 views

Income-producing opportunity featuring two single-family homes on one .20-acre lot! The property includes a 4-bedroom, 1-bath main house with a first-floor bedroom and a NEW high-efficiency furnace. Main house is occupied by a long-term, paying tenant who would prefer to stay. With a few renovations, the 1-bedroom, 1-bath house in back could be ideal for rental or in-law use. When fully occupied, the property delivers gross annual rental income of $16,200, offering immediate cash-flow potential. Updated metal roofs on both homes reduce long-term maintenance costs. NEW water meter was installed last year. Located close to village services, shops and the new multi-million dollar cheese factory in Franklinville, this property is well-positioned for rental demand growth and long-term appreciation. This versatile asset is suited for long term rentals, house-hacking or multi-generational occupancy. Property sold as-is. Seller desires a quick sale, CASH buyers only please!

Source: New York Alliance, MLS#: B1658206

Brokerage Compensation
  • Broker Compensation: 3.00%
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  • Property Type
    Residential Income
  • Lot
    0.20 acres

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Maryellen Walsh
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  • Median Age
    44
  • Population Density
    39
  • College Educated
    28%
  • Estimated Median Income
    $48,316
  • Estimated Total Home Owners
    1,472
  • Estimated Total Renters
    260
  • Owner / Renter Divide
    85% / 15%
  • Estimated Average Household Size
    2
  • Total Population
    4,272
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.