Investor opportunity in the heart of Owego. This well-maintained 5-unit multifamily property features spacious layouts and a strong rental history. Four of the five units are equipped with central air conditioning. Situated on a large, level lot, the property also includes a sizable barn offering additional storage or potential for value-add use. With solid in-place income and operating expenses under control, this property is priced to sell at a cap rate above 12%. Conveniently located near schools, downtown amenities, and major routes. A turnkey asset with immediate cash flow and long-term upside.
For sale
$199,000
70 Adaline St, Owego, NY 13827
8beds
5baths
4,320sqft
Multi Family, Apartment
Built in 1954
-- sqft lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
Central air conditioningSizable barnLarge level lotSpacious layouts
- 15 days
- on Zillow |
- 298 |
- 14 |
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