$90,000
$108,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Seneca LN Seneca Falls, NY 13148
3 Beds
2 Baths
1,403 SqFt
Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,403 sqft
Price per Sqft $64
MLS Listing ID R1584526
Sold Date 04/14/25
Style Duplex
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $2,924
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 128X163
Property Sub-Type Duplex
Property Description
PRIME SENECA FALLS INVESTMENT OPPORTUNITY - CASH-FLOWING DUPLEX
Attention investors! Don't miss this value-add duplex in Seneca Falls delivering a solid 7% cap rate with significant upside potential. This property features two spacious units:
- Ample off-street parking
-1 bedroom unit
-2 bedroom unit
-Fully occupied
The 2 bedroom unit currently rents for $975/month, while the 1 bedroom unit commands $725/month – both below market rates, presenting an immediate opportunity to increase cash flow through strategic updates and market-rate adjustments.
Recent improvements include a new hot water tank (2024), providing peace of mind for long-term ownership. The property's solid bones and proven rental history make it an ideal addition to any investment portfolio.
Neighborhood location with strong rental demand, close to all that Seneca Falls has to offer. This duplex offers the perfect blend of current cash flow and future appreciation potential.
Don't wait - schedule your showing today to see the value-added opportunities firsthand.
Location
State NY
County Seneca
Area Seneca Falls-453289
Direction Maynard to Seneca
Rooms
Basement Partial
Interior
Heating Gas, Hot Water
Flooring Hardwood, Varies, Vinyl
Fireplace No
Window Features Storm Window(s),Wood Frames
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description Irregular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Aluminum Siding
Construction Status Existing
Schools
School District Seneca Falls
Others
Tax ID 453289-019-000-0004-073-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with The Young Agency