$330,000
PENDING $20K PRICE DROP

58 1/2 Inslee St Waterloo, NY 13165

Estimated payment $2,334/month

Total Views 7,047
8 Beds
4 Baths
4,464 Sq Ft
$74 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Carpet
  • 1-minute walk to Lafayette School Playground
  • High Speed Internet

About This Home

Welcome to this exceptional 4-unit property, a turn-key investment opportunity that's perfect for both seasoned investors and those looking to start or expand their real estate portfolio. Each of the four units is currently rented, ensuring immediate income from day one. With a gross rental income of $42,300 annually, this property offers solid returns in a well-maintained building. Whether you're looking for a stable cash flow or a long-term investment, this property's 12% CAP rate checks all the boxes. Don't miss out on this chance to own a reliable income-generating asset in a desirable location. Act fast—properties like this are in high demand!

Listing Agent

Allison Koczent

Listing by Howard Hanna License #10401330525 Listed on: 08/16/2024

Howard Hanna

Co-Listing Agent

Michael Bowler

Listing by Howard Hanna License #10401380884

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 57x251

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 4,464 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Parking Available
  • Common or Shared Parking
  • Gravel Driveway

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 453801-008-000-0001-046-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $42,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,937

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Trash Collection
  • Year Built: 1965
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: TRURE
  • Co List Office Phone: 585-362-6810
  • Directions: Heading west on 5&20 from Seneca Falls, turn right onto Inslee St, the house is before the school on the right.
  • Architectural Style: Fourplex
  • Flooring: Carpet, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.35
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Common, Gravel, Parking Available

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Waterloo

Lot Info

  • Parcel Number: 453801-008-000-0001-046-000-0000
  • Lot Dimensions: 57X251
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 42300.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 5937.0
  • Tax Lot: 46

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $330,000 -5.7% $74 / Sq Ft
08/16/2024 08/16/24 For Sale $349,900 +62.7% $78 / Sq Ft
10/12/2022 10/12/22 Sold $215,000 -10.4% $48 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $239,900 0.0% $54 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $239,900 +49.9% $54 / Sq Ft
01/28/2019 01/28/19 Sold $160,000 -5.3% $36 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $169,000 -- $38 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1559539

Upstate New York Real Estate Information Services (UNYREIS)