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Investment Highlights

  • Fully remodeled 24-unit multifamily property with recent upgrades throughout.
  • Unit mix includes 16 two-bedroom apartments and 8 one-bedroom apartments.
  • Extensive renovations include new kitchens, bathrooms, flooring, decks, and appliances.
  • Located approximately one-half mile from Canandaigua Lake.
  • Approved plans in place for an additional 8 one-bedroom units.
  • Newer roof, recently paved parking lot, and major capital improvements completed.

Executive Summary

Fully Remodeled 24 units available for your portfolio package. Settled about 1/2 mile from famous Canandaigua Lake. Featuring 16 two bedroom apartments and 8 one bedroom. There is one section ready to build another 8 - 1 bedroom units with all approved architectural designs. All you have to do is to pull the permit, build, and you will have on extra $105,600 annual income. All documentation will be provided before closing. In the past 2 years all units went through complete remodeling including new kitchens, appliance's, bathrooms, decks and flooring. Newer roof, and one year old paved parking lot. Long term tenants. Gross annual income $326,400.00 if fully occupied. All major repairs have been completed, just need's to be maintained and collect the rent.

Property Facts

Price $4,159,403 CAD
Price Per Unit $173,308 CAD
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.10 AC
Building Size 24,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1980
Parking Ratio 3.48/1,000 SF
Zoning C-1

Amenities

Unit Amenities

  • Washer/Dryer
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 750
2+1 16 - 1,000
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
322400-098-008-0001-007-100
Land Assessment
$82,528 CAD
Improvements Assessment
$1,565,807 CAD
Total Assessment
$1,648,335 CAD
  • Listing ID: 41772658

  • Date on Market: 2026-08-17

  • Last Updated:

  • Address: 3230 Moran Rd, Canandaigua, NY 14424

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