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This property is a very unique investment opportunity that offers a four-unit multifamily apartment complex fully leased out, along with a large 62 x 30 commercial shop with heated floors, 2 offices with handicapped accessible restroom. Everything is MINT and ready to provide a long-term return on your investment. Run your business and have your tenants pay your expenses. Apartments were designed to be converted into office space if needed. Pride of ownership shines through every aspect of this property. This property is zoned General Commercial offering a wide variety of business models that would align with this zoning class including motor vehicle services, sales, gas and repair, or wash. This project was remodeled down to the studs and completed in 2016. All units in the apartment complex have their own private entrances with covered walks and decks. A complete list of amenities and full walkthrough video and drone video available.
Highlights
Fully leased four-unit multifamily apartment complex
Large 62 x 30 commercial shop with heated floors
Apartments were designed to be converted into office space if needed
All units in the apartment complex have their own private entrances with covered walks and decks
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 964 | 24,621 | 53,885 | |
Population Median Age | 45 | 43 | 43 | |
Population by Age | 0-9 Yrs | 90 (9%) | 2494 (10%) | 5680 (10%) |
10-19 Yrs | 102 (10%) | 2546 (10%) | 5489 (10%) | |
20-29 Yrs | 91 (9%) | 3205 (13%) | 7244 (13%) | |
30-39 Yrs | 77 (7%) | 2688 (10%) | 6138 (11%) | |
40-49 Yrs | 125 (12%) | 2927 (11%) | 5997 (11%) | |
50-59 Yrs | 171 (17%) | 3734 (15%) | 7861 (14%) | |
60-69 Yrs | 171 (17%) | 3259 (13%) | 6962 (12%) | |
70+ Yrs | 137 (14%) | 3768 (15%) | 8514 (15%) | |
Median HH Income | $71,511 | $56,276 | $56,761 | |
Total Household Income | < 24K | 32 (7%) | 2368 (21%) | 5290 (22%) |
25-49K | 94 (23%) | 2506 (23%) | 5384 (22%) | |
50-74K | 91 (22%) | 2016 (18%) | 4239 (17%) | |
75-99K | 31 (7%) | 1342 (12%) | 3219 (13%) | |
100-199K | 138 (33%) | 2179 (20%) | 4684 (19%) | |
200K+ | 21 (5%) | 441 (4%) | 908 (3%) | |
Highest Education Level | No Diploma | 39 | 1463 | 2594 |
Diploma or GED | 162 | 4978 | 10929 | |
Some College | 136 | 3109 | 6600 | |
Assoc. Degree | 117 | 2432 | 5227 | |
Bachelors Degree | 102 | 3190 | 7416 | |
Higher Degree | 157 | 2466 | 5600 | |
Total Housing Units | 419 | 12,257 | 26,676 | |
--Owner-Occupied | 353 | 7,342 | 15,693 | |
--Renter-Occupied | 53 | 3,511 | 8,031 | |
Owner-Occupied Values | < 100K | 77 | 2270 | 5323 |
100-199K | 168 | 3759 | 7713 | |
200-299K | 73 | 947 | 1855 | |
300-399K | 23 | 245 | 405 | |
400-499K | 0 | 54 | 177 | |
500K+ | 11 | 67 | 220 | |
Total Working Age Population | 808 | 20,591 | 44,950 | |
In Work Force | 525 | 12,593 | 27,017 | |
Not In Work Force | 283 | 7,999 | 17,933 | |
Workforce Employed | 522 | 12,030 | 25,716 | |
Workforce Unemployed | 3 | 562 | 1,301 | |
Civlian Workforce | 525 | 12,593 | 27,017 | |
Military Workforce | 0 | 0 | 0 | |
Total Households | 406 | 10,853 | 23,724 | |
Family Households | 300 | 6,485 | 14,001 | |
Non-Family Households | 106 | 4,368 | 9,723 | |
Married Couple | 257 | 4,944 | 10,572 | |
Other Family | 43 | 1,541 | 3,429 | |
Married w/Child | 72 | 1,617 | 3,356 | |
Single Male w/Child | 0 | 131 | 336 | |
Single Female w/Child | 23 | 530 | 1,364 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
New York | 18,976,457 | +2 | 19,378,102 | +4 | 20,146,131 | +2 | 20,604,030 |
Broome County | 200,536 | 0 | 200,600 | -4 | 192,262 | -3 | 186,950 |
Tioga County | 51,784 | -1 | 51,125 | -6 | 47,864 | -6 | 45,090 |