NOT LISTED FOR SALE

608 E Main St Palmyra, NY 14522

-- Bed
-- Bath
5,280 Sq Ft
20,473 Sq Ft

Last Sold March 29, 2023

Last sale price $490,000 $93 Per Sq Ft

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Garage
  • High Speed Internet
  • Baseboard Heating
  • Coin Laundry

About This Home

As of March 2023

Great investment. 8 total units: 4 one bedroom units and 4 two bedroom units. Was converted in 2008 into the 8 apartments. Extra income with the coin-op laundry for the tenants. Plenty of parking space for the tenants. Tenants pay for gas & electric. Fully rented. This property is a great money generator, all in one easy to maintain building.

Last Agent to Sell the Property

David Doebler

Listing by Doebler Realty, LLC Brokerage Phone: 315-331-7070 License #10491208945 Listed on: 01/03/2023

Last Buyer's Agent

Darlene Maimone

Listing by Howard Hanna License #10401282061

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,508

Year Built

  • Built in 1970

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 140x140

Home Design

  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5,280 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Garage
  • No Garage
  • Driveway

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes parking, snow removal, water
  • Tax Lot 955
  • Assessor Parcel Number 543601-064-111-0012-955-633-0000

Community Details

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $6,060
  • Gross Income $67,800

Additional Features

  • 8 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,508

Year Built

Built in 1970

Lot Details

0.47 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Parking, Snow Removal, Water
  • Year Built: 1970
  • Attribution Contact: 315-331-7070
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Road Frontage Type: Main Thoroughfare
  • Directions: Located on Route 31 (East Main St.) right at the Route 21 intersection.
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.47
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Garage, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Palmyra-Macedon

Lot Info

  • Parcel Number: 543601-064-111-0012-955-633-0000
  • Lot Dimensions: 140X140
  • Lot Size Sq Ft: 20473.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 67800.0
  • Annual Operating Expense: 6060.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 9508.0
  • Tax Lot: 955
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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 List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $490,000 -10.9% $93 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $550,000 -- $104 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

Year Tax Paid Tax Assessment Tax 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. Land Improvement
2024 $10,028 $184,800 $27,400 $157,400
2023 $9,876 $184,800 $27,400 $157,400
2022 $8,843 $184,800 $27,400 $157,400
2021 $8,116 $98,600 $27,400 $71,200
2020 $22,132 $152,400 $27,400 $125,000
2019 -- $152,400 $27,400 $125,000
2018 -- $144,000 $27,400 $116,600
2017 -- $144,000 $27,400 $116,600
2016 -- $144,000 $27,400 $116,600
2015 -- $144,000 $27,400 $116,600
2014 -- $144,000 $27,400 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1449670

Upstate New York Real Estate Information Services (UNYREIS)
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