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205 Rano Blvd 6 Unit Apartment Building $1,022,634 CAD ($170,439 CAD/Unit) Vestal Township, NY 13850
Investment Highlights
- Six-unit apartment property with a mix of townhouse-style, studio, and three-bedroom residences.
- Recent improvements include 14 new skylights, a new roof, new fascia, and new insulation.
- Located in Vestal with access to shopping, restaurants, schools, public transportation, and major roadways.
- History of long-term tenancy and consistent occupancy.
- Public water and public sewer service in place.
- Features enclosed porches, parking spaces, and in-unit appliance packages.
Executive Summary
Excellent investment opportunity in the Town of Vestal! This well-maintained 6-unit residential property offers strong rental income with a history of long-term tenants and low expenses. The building features four townhouse-style units on the rear of the property, along with one studio apartment and one spacious three-bedroom unit in the front. Some new updates include 14 new skylights, a new roof, new fascia, and new insulation. Its desirable Vestal location provides convenient access to shopping, restaurants, schools, public transportation, and major roadways, making it an attractive option for tenants. A solid addition to any investment portfolio with a proven rental history and consistent occupancy.
Property Facts
| Price | $1,022,634 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $170,439 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| No. Units | 6 | Building Size | 8,374 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Zoning | RC | ||
| Price | $1,022,634 CAD |
| Price Per Unit | $170,439 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 8,374 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Zoning | RC |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | 1,100 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 034800-158-014-0002-004-000-0000 | Improvements Assessment | $359,372 CAD |
| Land Assessment | $112,225 CAD | Total Assessment | $471,597 CAD |
Property Taxes
Parcel Number
034800-158-014-0002-004-000-0000
Land Assessment
$112,225 CAD
Improvements Assessment
$359,372 CAD
Total Assessment
$471,597 CAD
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205 Rano Blvd
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