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
$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