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Four-Unit Apartment Building
New
For Sale
$199,000

31 Hopkins St, Mount Morris, NY 14510

Four one-bedroom residences are arranged across two floors, with individual electric meters for each apartment.

Property Size2,605 SF
Days on Market3

Property Features for 31 Hopkins St

General Information

Standard status Active
Size 2,605 SF
Property subtype Multi Family

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,143

Building Details

Building Size 2,605 SF
Year Built 1900
Stories 2
Units 4
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Melissa Johnson · License #10401374212
Source: Elliman
Added: Sep 24 Changed: Sep 25 Last Checked: Sep 24 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater Rochester

Investment Insights

Based on property information with market context.

This four-unit residential property contains four one-bedroom apartments, with two on the upper floor and two on the lower floor. Three apartments have been remodeled, and all four have new hot water tanks. Each unit is equipped with electric heat and a separate electric meter. The building dates to 1900.

Situated in the Village of Mount Morris, the property has a Walk Score of 53 and a Bike Score of 38.

Key Highlights

  • Four one‑bedroom apartments: two upper‑floor and two lower‑floor units
  • Three apartments have been remodeled
  • New hot water tanks in all four apartments

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 14510, NY

4,902
Population
2,190
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
93%
High-School Grad
75.2 sq mi
ZIP Area
65
Density / Sq Mi
$61,099
Median Household Income
$42,205
Median Earnings
$806
Median Rent
$97,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences are arranged across two floors, with individual electric meters for each apartment.
Where is this quadplex located?
The property is located at 31 Hopkins St Mount Morris, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Four one‑bedroom apartments: two upper‑floor and two lower‑floor units; Three apartments have been remodeled; New hot water tanks in all four apartments
More about this property
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