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Royalton, NY 14067

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For Sale
$339,000

Five-unit apartment building with income potential in Royalton, NY.

Source: Rick Recckio Agent Rick Recckio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Royalton Multifamily Investment Opportunity

This multifamily property features five apartment units, each with two bedrooms. All units are currently rented, providing immediate income. Tenants are on month-to-month leases, with rent due on the first of each month. A coin-operated washer and dryer are available for all tenants. The owner recently invested $35,000 in a new septic system. Each apartment has a separate furnace. The property is located on the corner of Chestnut Ridge Road and Cottage Road, near the YMCA on Route 39, just east of Lockport. There is vacant land behind the apartments that drops off approximately 25+ feet, which may be a buildable site. The owner is willing to sell the lower half of the vacant land separately.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Royalton
County
Niagara
State
New York
Longitude
-78.5759
Latitude
43.2485

FAQs

What type of property is this?
Apartment building - Five-unit apartment building with income potential in Royalton, NY.
Where is this apartment building located?
The property is located at Royalton, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: - All 5 units are currently rented, providing immediate income.; - New septic system recently installed ($35,000 value).; - Buildable site behind the apartments.
More about this property
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