Plant Street Apartments
511-521 Plant Street,
Utica, NY 13502
25-Units | Townhome Style
$1,575,000
Price
25
Number of Units
$63,000
Price Per Unit
28,200
Building SF
9.29%
Cap Rate
1950
Year Built
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$1,575,000
Price
25
Number of Units
$63,000
Price Per Unit
28,200
Building SF
9.29%
Cap Rate
1950
Year Built
Investment Summary
Exclusively offered by Dante Belmonte of Hunt Real Estate ERA, Plant Street Apartments presents a great investment opportunity to investor looking for immediate cash flow with upside potential for income with rents in the Utica, NY market. This property consists of 5 of the 6 townhome sections. 519 Plant Street is owned by a private owner used as true single family townhome. 511-521 Plant St are 5 townhomes with 5 apartments in each section consists of 25 total apartments. Each townhome section is separately deeded and there is a private parking lot at the rear of the property for tenants.
Each section has a washer and dryer hook up at not cost to the tenants. Coin-operated machines can be installed increase ancillary income. Each unit is separately metered for gas and electric which are the tenants responsibilities. Water/sewer, grounds maintenance and trash removal are responsibility of the Landlord.
Located in the heart of Utica at the Oneida Square, this apartment building is located near many shops, restaurants and local attractions. Directly across the street i the PrattMWP Art & Design building stemming off from the Munson Studio and Museum. Only a few blocks away is The Stanley Theatre, the newly constructed Wynn Hospital and downtown area.
FOR MORE DETAILS CONTACT
Dante Belmonte
Associate Broker
(315) 794-1522
dante.belmonte@huntrealestate.com
10401323828
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