222 LANSING ST Utica, NY 13501

Building Details

Year Built

1950

Listing agency m***@hotmail.com Show Phone

Listed by Coldwell Banker Faith Properties Show Phone

Source Xome

Added: Nov 24, 2023 Updated: Jul 22 at 7:26AM Checked: Jul 22 at 7:26AM

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Investment Insights

Based on property information with market context.

This is a unique four-unit residential income building, offering the option to live in one unit while collecting income from the other three. The property has a new $5,600 furnace, providing an updated mechanical component.

According to the landlord, the building is located within walking distance of a bus line and a variety of neighborhood amenities, including restaurants, theaters, medical facilities, and bars. The landlord also states that there is consistent local interest, with tenants inquiring frequently when units are available.

Overall, the building presents a straightforward four-plex configuration for an owner-occupant or an investor seeking existing rental income within a tight cluster of everyday services.

Key Highlights

• Unique 4‑unit building with rental income from 3 units
• Recently installed $5,600 furnace
• 3 basements and interior features include tile, vinyl, and carpet flooring

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FAQs

What type of property is this?

Quadplex - Unique four-unit building with a recently installed $5,600 furnace generating rental income from three units.

Where is this quadplex located?

The property is located at 222 LANSING ST Utica, NY.

What is the asking price?

The asking price for this property is $106,000.

What are key features of this property?

This property features: Unique 4‑unit building with rental income from 3 units; Recently installed $5,600 furnace; 3 basements and interior features include tile, vinyl, and carpet flooring