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Wine Country Cottages at Bassett Road 5319 & 5315 Bassett rd 4 Unit Apartment Building $1,084,791 CAD ($271,198 CAD/Unit) Hector, NY 14841
Investment Highlights
- New construction 2022–23 — minimal deferred maintenance, modern systems
- Stocked pond on 2.56 wooded acres — operational flexibility with 4 detached buildings
- STR conversion potential
- Minutes from Seneca Lake Wine Trail, Watkins Glen State Park & Finger Lakes National Forest
Executive Summary
Single parcel containing four units across two buildings — 5315 A&B and 5319 A&B. All four units are currently occupied. Three of four tenants are month-to-month; one lease is through February 2027. New construction 2022–23 — minimal deferred maintenance. STR conversion permitted in the Town of Hector, a strong short-term rental demand corridor. Offering Memorandum with full pro forma available upon request. Contact the listing broker directly.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$78,105
|
$32.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$78,105
|
$32.54
|
| Taxes |
-
|
-
|
| Operating Expenses |
$24,550
|
$10.23
|
| Total Expenses |
$24,550
|
$10.23
|
| Net Operating Income |
$53,555
|
$22.31
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $78,105 |
| Annual Per SF | $32.54 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $78,105 |
| Annual Per SF | $32.54 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $24,550 |
| Annual Per SF | $10.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,550 |
| Annual Per SF | $10.23 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $53,555 |
| Annual Per SF | $22.31 |
Property Facts
| Price | $1,084,791 CAD | Lot Size | 13.91 AC |
| Price Per Unit | $271,198 CAD | Building Size | 2,400 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | ||
| Zoning | Rural Residential - Town of Hector, Schuyler County. Short-term rental use permitted. | ||
| Price | $1,084,791 CAD |
| Price Per Unit | $271,198 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 13.91 AC |
| Building Size | 2,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | Rural Residential - Town of Hector, Schuyler County. Short-term rental use permitted. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Eat-in Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Island Kitchen
- Lawn
- Loft Layout
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 500 - 700 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 442689 12.00-3-21 | Total Assessment | $841,238 CAD |
| Land Assessment | $130,735 CAD | Annual Taxes | $0 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $710,503 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
442689 12.00-3-21
Land Assessment
$130,735 CAD
Improvements Assessment
$710,503 CAD
Total Assessment
$841,238 CAD
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2025
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Wine Country Cottages at Bassett Road | 5319 & 5315 Bassett rd
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