*TRIPLEX* 41-45 State St. Seneca Falls, NY 13148
AMAZING INCOME POTENTIAL! Exceptional location!
7 Bedrooms 5 bathrooms 3,518 Sq Ft Triplex
5,227 Sq Ft Lot. Built-in 1903.
Est Market Value $150,000.
Est Market Value $150,000.
Unit 1: (Front unit) 3 bedroom 1 bathroom | Rented @ $800/mo | Market Rent $1,000/mo
Unit 2: (Downstairs) 2 bedroom 2 bathroom | Rented @ $500/mo | Market Rent $800/mo
Unit 3: (Upstairs) 2 bedroom 2 bathroom | Rented @ $600/mo | Market Rent $800/mo
No known major issues
Front house roof 2 years old
2 furnaces less than 10 years
Walking distance to Van Cleef Lake, postal service, museum, and restaurants.
32 miles from Lake Ontario. 51 miles from Rochester. 48 miles from Syracuse.$1,900 in revenue per month when last rented – 30.4% gross annual return
(*tenants are not paying and eviction process started)
Front house roof 2 years old
2 furnaces less than 10 years
Walking distance to Van Cleef Lake, postal service, museum, and restaurants.
32 miles from Lake Ontario. 51 miles from Rochester. 48 miles from Syracuse.$1,900 in revenue per month when last rented – 30.4% gross annual return
(*tenants are not paying and eviction process started)
$2,600 in revenue per month based on market rents – 41.6% gross annual return
*Current tenants are not paying and eviction process has been started*
*Current tenants are not paying and eviction process has been started*
Pictures:
https://drive.google.com/drive/folders/1Z9AUxID5POlFktYT-5rd5SCluaR6v3KJ?usp=sharing
Financials:
https://docs.google.com/spreadsheets/d/1pcM4TLFD_LyEGS3GZvssnsKo9hXHZz_r5i475-ZY7xU/edit?usp=sharing
https://drive.google.com/drive/folders/1Z9AUxID5POlFktYT-5rd5SCluaR6v3KJ?usp=sharing
Financials:
https://docs.google.com/spreadsheets/d/1pcM4TLFD_LyEGS3GZvssnsKo9hXHZz_r5i475-ZY7xU/edit?usp=sharing
Terms:
Assignable contract
Assignable contract
Conveys with tenants
Possession at COE
As-is sale
Possession at COE
As-is sale
Buyer to pay all closing costs, escrow/title/transfer fees
Buyer to perform their due diligence prior to assignment
Seller/Assignor makes no warranties expressed or implied
Eviction is the buyer’s responsibility (if the eviction hasn’t concluded prior to COE)
Buyer to perform their due diligence prior to assignment
Seller/Assignor makes no warranties expressed or implied
Eviction is the buyer’s responsibility (if the eviction hasn’t concluded prior to COE)
Price: $75,000 net
EMD: $5,000
COE: 01/30/21 or before
Contact: Dispo@veritas-hs.com
TEXT 909-276-7783 or Dispo@veritas-hs.com with questions.