PRIME location- walking distance to the Town Square, laundromat, Guthrie Walk-In, NBT Bank, Tops Grocery Store, and much more. The currently fully-rented 11-unit building has seen many recent upgrades, including the renovation of 2 units, a new roof, and much more. Great location, fully rented, and recently upgraded… Sounds like an opportunity for a seasoned investor to add to their growing rental portfolio. Call today for your private showing.
Investment Opportunity in Hancock, NY!
SOLD
$799,000
16 Read Street, Hancock, NY
11+Beds
11+Baths
15,750Sq Ft
0.13 acreLot
Bedrooms11+
Bathrooms11+
Square Footage15750
Lot Size0.13 acre
WaterMunicipal
SewerMunicipal
Type of HomeMulti-Unit
Stories2
FoundationStacked stone, concrete block
Heat TypeNatural gas hot water baseboards
TaxesVillage: $4,886 Town & County: $4,048 School: $5,649
Special FeaturesGross Annual Income: $88,200 Landlord Expenses: - Property Taxes: ~$14,355 - Water & Sewer: $9,260 - Snow/Ice Removal: $3,950 - Insurance: $2,833 - Electric: $2,076 - Trash: $1,040 - Internet: $780. Electric, trash, internet, water & sewer paid by Landlord