1138 RdTully, NY 13159

Property Details for 1138 Rd

Year built

1960

Property size (Sq ft)

26,720 SF

Property type

Apartment buildings

Description

This exceptional multifamily investment opportunity presents a rare chance to acquire a well-maintained, fully-rented property in the picturesque town of Tully, New York. Located at 1138 North Road, this property boasts a commanding hilltop position on a sprawling 9.3-acre lot, offering stunning views and ample green space. The complex comprises three buildings, featuring a mix of apartment styles: six attached apartments and two separate two-unit houses. Each unit provides comfortable living with three bedrooms. Built in 1960, the buildings are in good condition and currently generate substantial rental income. The property encompasses a total of 26,720 square feet, with ten units, each priced at $96,500, resulting in an overall asking price of $965,000. The price per square foot is $36.12. This represents a strong value proposition, particularly considering the potential for future rental growth in this desirable location. The property's excellent condition, high occupancy rate, and significant acreage make it an ideal investment for those seeking a stable cash flow and a strong return on investment. This is a turnkey opportunity with immediate income potential and significant upside. The property is situated in Onondaga County, New York, with a zip code of 13159.

Location Insight

City

Tully

County

Onondaga

State

New York

Latitude

42.8255

Longitude

-76.1096

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].