QSN# 167202 Address: 88 Otsego St., Ilion, New York 13357 Price: $149,000
Type: Commercial Status: Active
Unit Information
Unit # Units Total Rents
Apartments 5 $2,485
Offices
Stores
Other
Lease Yes
Est. Expenses/Est. Income
Taxes $4,772 Gross Income $29,820
Ins. $1,322 Oper. Exp $12,566
Water/Sewer $1,262 Net. Oper. Inc $17,254
Utilities $38
Miscellaneous $5,172
Total Operating Exp $12,566
Utilities Information
Heating Hot Water
Heat Fuel Natural Gas
Cost(Yr.) $5,172
Water Municipal
Well Depth
Sewer Municipal
Septic Size
W.Heater Gas
Size (Gal.) 48
Electric Fuses, Municipal
Amps 60
Util. Incl. in Actual Rents
Electric No Gas Yes Heat Yes Water Yes
General Exterior Information
Style:
Siding:Asphalt, Brick
Roof:Flat, RubberR. Age(yrs.):7 - 8
Driveway:Blacktop
Garage:NoneStalls:
General Interior Information
Basement Concrete(floor), Dirt (floor), Full, Walkout
Foundation Stone
Attic Crawl Space
Insulation Full(assumed)
Fireplaces
# of Fireplaces
Floors
Dining
Property Information
Near Second St. List Date 01/27/2012
Color Brown List Price $149,000
Lot Size 42 x 99
Acres
Lot Size 42 x 99
Road Front. # of Floors 2
Age: 1900 Bedrooms
County Herkimer Rooms
School Ilion/Remington Elem Baths
School Bus: No Half Baths
Zoning Commercial Survey: No
Flood Zone: No Approx. Sq. Feet 2400
Appear./Int.: Good Appear./Ext.: Good
Directions:
Remarks
Great,conveniently located investment opportunity in Ilion. 5 units--one 3 BR with washer/dryer hookups, two 2 BR and two 1 BR apartments, all with refrigerator & stove. 7 to 8 year old roof is Firestone rolled rubber. Boiler is 4 to 5 years old and is multizoned so tenants can control their own heat. Heat cost on budget plan of $431 a month. Electric box in each apartment. Storage bins in basement for tenant use. Among updates are new rear apt. door; refinishing three hardwood floors; replaced bathroom floor, toilet, and tub; new LR ceiling and electrical & plumbing improvements. Two apartments are currently Section 8 approved. Come take a look!
Tax Information
Assessed Value $87,700
Special Assessment
Town & County $912 2012
School $1,921 2011-12
Village/City $1,940 2011
TOTAL: $4,772
Office Information
Owner: Laurena Nute Collea,
Owners Address: 60 Spring St., Afton, NY 13730
Attorney: Jacqueline Asnoe
Deed Type: Warranty
Deed Book/Page: 1225/155
Tax Map#: 119.44-4-58
Possession: At Close, Tenant Rights
Showing Instr: Call agent, Call broker, Key
Special Instr: 48 hrs. notice to show
L/C:
S/C: 0.025
B/B: 0.025
Sign Yes
Bruce Ward & Company
Contact: Barbara ColleaPhone: 315-866-2002, 315-894-5750
Email: bcollea@verizon.netSecond Phone: 315-866-2002