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3 Rudolph St
Lackawanna, NY 14218
Multifamily Property For Sale
·
10 Units
Investment Highlights
- all brick building, great rental location, off stret parking with 2 car garage
- see attachments for income and expesnes
- true value add opportunity, rents way below market for area
Executive Summary
excellent 10-unit apartment offering. 3 & 7 RUDOL[H ST
two twin 5-unit brick buildings adjacent to each other.
Appliances, storage and laundry hookups
off street parking
heat and water included. New separate electrical services
Rents currently way below market
two twin 5-unit brick buildings adjacent to each other.
Appliances, storage and laundry hookups
off street parking
heat and water included. New separate electrical services
Rents currently way below market
Property Facts Under Contract
| Price Per Unit | $109,577 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.36% | Lot Size | 0.25 AC |
| Gross Rent Multiplier | 8.6 | Building Size | 9,360 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1947/2000 |
| Price Per Unit | $109,577 CAD |
| Sale Type | Investment |
| Cap Rate | 7.36% |
| Gross Rent Multiplier | 8.6 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,360 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1947/2000 |
Amenities
Unit Amenities
- Storage Space
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,103 CAD | 625 |
| 2+1 | 6 | $1,298 CAD | 725 - 835 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $365,439 CAD | |
| Land Assessment | $45,474 CAD | Total Assessment | $410,913 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$45,474 CAD
Improvements Assessment
$365,439 CAD
Total Assessment
$410,913 CAD
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