912 Stafford RD, Palmyra, NY 14522
912 Stafford RD, Palmyra, NY 14522
912 Stafford RD, Palmyra, NY 14522
45
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$274,900
Est. payment /mo
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4 Beds
4 Baths
1,920 SqFt
New

912 Stafford RD Palmyra, NY 14522

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Tiffany Montgomery

Tiffany Montgomery

+1(315) 719-8776

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Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $143

MLS Listing ID R1726663

Style Triplex

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1970

Annual Tax Amount $5,675

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 100X200

Property Sub-Type Multi Family

Property Description

Discover the potential of this well-maintained three-unit multifamily property in Palmyra NY, just a short stroll from the Joseph Smith Farm, Sacred Grove and LDS Temple! Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers versatility, space, and excellent income-producing potential. A major bonus: All three units are completely furnished and ready to go on day one! This turnkey setup offers an opportunity to begin generating rental income without the added expense and hassle of furnishing the apartments. Unit 1 is a spacious two-story apartment featuring 2 bedrooms, 1.5 bathrooms, and hardwood floors throughout. Unit 2 is a comfortable 1-bedroom, 1-bathroom apartment with hardwood floors throughout. Unit 3 is a bright and airy Walk-out basement apartment offering 1 bedroom and 1 bathroom. Enjoy the convenience of two blacktop driveways providing ample off-street parking for tenants and guests. The generous .47-acre lot offers plenty of outdoor space, adding to the property's appeal. Numerous updates and improvements have been completed throughout the property. Be sure to review the detailed list of updates attached to the listing! Strong Rental Income Potential! Based on estimated current Palmyra market rents, this property could generate approximately $3,200-$3,740 per month, or $38,400-$44,880 in potential gross annual rental income. The fully furnished units may also provide opportunities to appeal to furnished-rental and traveling professional markets. With three separate living spaces, furnishings included, ample parking, a generous lot, and numerous updates, this is an opportunity worth exploring. Whether you're looking for a turnkey investment or a property with the flexibility to live in one unit while renting the others, don't miss your chance to own this versatile multifamily property in Palmyra!

Location

State NY

County Wayne

Area Palmyra-543689

Direction From Route 31/Main St head South on Stafford St which turns into Stafford Rd

Rooms

Basement Full, Finished, Walk-Out Access

Interior

Interior Features Ceiling Fan(s), Window Treatments

Heating Gas, Multiple Heating Units

Cooling Window Unit(s)

Flooring Ceramic Tile, Hardwood, Varies

Fireplace No

Window Features Drapes

Appliance Gas Water Heater

Laundry Common Area

Exterior

Utilities Available Electricity Connected, High Speed Internet Available, Sewer Available, Water Connected

Roof Type Asphalt,Architectural,Shingle

Porch Open, Porch

Building

Lot Description Agricultural, Rectangular, Rectangular Lot

Foundation Block

Sewer Septic Tank

Water Connected, Public

Architectural Style Triplex

Structure Type Blown-In Insulation,Vinyl Siding,PEX Plumbing

Construction Status Existing

Schools

School District Palmyra-Macedon

Others

Senior Community No

Tax ID 543689-064-110-0000-443-946-0000

Security Features Radon Mitigation System

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Standard

Listed by Keller Williams Realty Gateway 585-256-5428

NEARBY SCHOOL & BUSINESS

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Tiffany Montgomery

Tiffany Montgomery

Licensed Real Estate Salesperson License ID: 10401281052

+1(315) 719-8776

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912 Stafford RD