120 Diamond Street, Canastota, NY 13032

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Property Description

Welcome to 120 Diamond Street. This charming and rare 4-unit is a perfect value add to any portfolio or an excellent owner-occupied house-hacking contender. 4 units span across just over 4,200 square feet of living space. There are 2, one-bedroom units and 2, two-bedroom units. 3 units are beautifully updated and remodeled and actively generating income, while one unit is down to the studs and requires your vision. Completing this unit would create quick forced appreciation and turn this property into a long-term income machine! The home is ideally situated on a corner lot with a large parking area at the rear for 4+ cars, a major plus for tenants. An attached garage on the backside of the building adds extra owner storage or could create additional monthly income transformed into tenant storage or a coin-op laundry area. Rents are currently below market value but, this property would easily produce $3200+/ month as-is and $4,500+/ month after the fourth unit is completed and rented. In the village and close to everything. Only 3 minutes to I-90! Don't miss out on this rare opportunity to have 4 units all in one place!

120 Diamond Street | MLS# S1702723

This multi-family property located at 120 Diamond Street, Canastota, NY 13032 is currently listed for sale by Coldwell Banker Prime Properties, with an asking price of $229,900. Diamond Street is located within the Canastota school district. Search Canastota real estate on lynn-wadleigh.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 1
Heating: Electric, Gas, Baseboard, Forced Air, Hot Water, Radian
Home Style: Fourplex
Lot Size: 0.28 Acres
Stories: 2.0
Taxes: $7,991
Year Built: 1976

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 65
Exterior: Vinyl Siding
Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
Lot: Corner Lot, Rectangular, Rectangular Lot
Lot Dimensions: 68X180
Parcel#: 253601-036-054-0002-020-000-0000
Parking: Parking Available, Two or More Spaces
Parking Notes: Parking Available, Two or More Spaces
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

High School: Canastota High
School District: Canastota

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Estimated Payment

$ 1,244.63 per month $511.66 Principal & Interest $665.92 Property Tax $67.05 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Prime Properties

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Shown By

Agent Name: Lynn Wadleigh
Agent Phone: (518) 260-2222 Cell

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