Turn key opportunity to own a fully occupied duplex offered for less than 4x the gross annual income. Property features a 2BR/1BA apt on the main level and a 3BR/1BA apt upstairs. Property is fully managed by Royal Viking Realty for 10% of collections. They are happy to offer the same terms to a new owner.
Key BrokersBrokerage Email: Chris@MyKeyBrokers.comLicense #10491206761Listed on: 10/04/2018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,233
Year Built
1890
Lot Details
0
Listing Details
Property Sub Type: Multi Family
Prop. Type: Residential
Lot Size Acres: 0.45
Lot Size: 52X187
Water Body Name: None
Year Built: 1890
Attribution Contact: Chris@MyKeyBrokers.com
Special Features: VirtualTour
Interior Features
Appliances: Electric Oven, Electric Range, Refrigerator
Has Basement: Dirt Floor, Full
Basement YN: Yes
Exterior Features
Roof: Asphalt
Utilities
Heating: Gas, Forced Air
Heating Yn: Yes
Sewer: Connected
Utilities: Sewer Connected, Water Connected
Water Source: Connected, Public
Schools
Elementary School: Other - See Remarks
Junior High Dist: Elmira
Lot Info
Lot Size Sq Ft: 19602.0
Parcel #: 070400 99.11-10-3
ResoLotSizeUnits: Acres
Multi Family
Number Of Units In Community: 2
Number Of Units Total: 2
Tax Info
Tax Annual Amount: 2584.0
Ownership History
DateNameOwned ForOwner Type
Apr 2021 - PresentHernandez Luis4 Years and 1 Month
Private Individual
Purchase Details
Listed on
Oct 4, 2018
Closed on
Apr 16, 2021
Sold by
Wall Richard and Wall Regina
Bought by
Hernandez Luis
Seller's Agent
Christopher Kusznir
Key Brokers
Buyer's Agent
Christopher Kusznir
Key Brokers
List Price
$44,900
Sold Price
$31,000
Premium/Discount to List
-$13,900
-30.96%
Total Days on Market
950
Current Estimated Value
$51,284
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,284
Avg. Annual Appreciation
13.86%
Aug 2006 - Apr 2021Wall Richard14 Years and 8 Months
Private Individual
Purchase Details
Closed on
Aug 10, 2006
Sold by
Pledged Property Ii Llc
Bought by
Wall Richard
Mar 2006 - Aug 20065 Months
Private Individual
Purchase Details
Closed on
Mar 31, 2006
Apr 2001 - Mar 2006Grover Allyn Scott4 Years and 11 Months
Private Individual
Purchase Details
Closed on
Apr 16, 2001
Sold by
Ordway Maxine L P
Bought by
Grover Allyn Scott
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS.
Looking for an investment? This may be the property for you and could be purchased together with other properties as a group! The property is being sold 'AS-IS
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Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 225 Franklin St, Elmira, NY 14904 since 04 October 2018 and is currently estimated at $51,284, approximately $23 per square foot. This property was built in 1890. 225 Franklin St is a home located in Chemung County with nearby schools including Riverside Elementary School, Parley Coburn School, and Elmira High School.
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