503 West Street, Wilna, NY

About 503 West Street

House is in need of complete renovation. Most of the demo has been done down to the studs. The house is set up as a 4-family residence. Projected gross rents for this property are $3,500-4,500. It is ready for you to apply your imagination. Within walking distance of the Carthage business district. This property is being sold as a part of the Jefferson County Portfolio: JEFFERSON COUNTY INVESTMENT PORTFOLIO A great opportunity to add 27 units to your investment portfolio at once. This portfolio includes a 14-unit, 100% occupied, mixed use property in the middle of the Carthage business district with 4 commercial spaces on the first level and 10 well maintained apartments on the upper 2 floors. Two 4-unit houses and one single family house are included. All of these properties are 100% occupied. Additionally, a 4-family house in Carthage in included. This house is a full renovation project. It has been stripped down to the studs and just awaits your imagination and renovation. These properties have historically been 95-100% occupied generating great consistent cash flow and net cash-on-cash return. The current owner has paid attention to details and has made significant capital improvements over his decade of ownership. This portfolio includes the following properties: - 266-268 State Street (MLS#: S1628327) - 272 State Street (MLS#: S1622915) - 32451 Co. Rt. 179 (MLS#: S1621333) - 100 Main Street (MLS#: S1622905) - 15243 County Route 11 (MLS#: S1622909) - THE MLS AND TAX MAP NUMBERS MUST BE INCLUDED ON ALL PURCHASE OFFERS

Listing Map