Great two family investment sporting a (approximate) cap rate of 13% with current rents well below average for the area (via - rentometer). At the offering price of $58 per sq ft, this low maintenance opportunity on a great street in the Village of Mount Morris is ready to add passive income to your portfolio, or to start it! Price includes some very recent purchases like lighting, washer, and a stove. Separate driveways, garage (not currently rented), 2 bed 1 bath units, washer/dryers, separate gas and electric utilities to boot. The opportunity is ripe for the picking! Please keep in mind there are long term tenants so please do not disturb. Thank you for your interest. 2021-08-13
Off market
Zestimate®
$109,200
62 Hopkins St #2, Mount Morris, NY 14510
--beds
0baths
1,904sqft
MultiFamily
Built in 1940
-- sqft lot
$109,200 Zestimate®
$57/sqft
$1,449 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Interior area
- Total interior livable area: 1,904 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 0.31 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Mount Morris