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Three-Unit Apartment Building Near Downtown

416 E Center Street, Medina, NY 14103

For Sale
$125,000

Three-unit apartment building near downtown Medina, all units currently rented.

Property Size1,800 SF
Price / SF$69.44
Days on Market635

Property Features for 416 E Center Street

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,551

Building Details

Year Built 1870
Listing Agency: Jim Theodorakos MorrisonRealty
Listed By: James T. Theodorakos · License NY 37TH0791878
Source: Exitrealty
Added: Feb 13, 2025 Changed: Oct 25 Last Checked: Sep 15 at 5:12AM

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 Jim Theodorakos MorrisonRealty

Rey
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Investment Insights

Based on property information with market context.

This three-unit apartment building is located near the downtown area in the Village of Medina. All apartments are rented on a month-to-month basis. The first floor contains two studio apartments, which are heated by electric heat. The upstairs apartment features three to four bedrooms and is heated by boiler-fired hot water. Tenants are responsible for paying their own utilities, except for water for the two studio apartments, which is paid by the owner. The current rent schedule is $700, $525, and $425. Driveways are located on either side of the house, providing convenient parking.

Key Highlights

  • Three‑unit apartment building.
  • Conveniently located near downtown Medina.
  • Driveways on both sides of the house for parking.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 14103, NY

10,589
Population
4,769
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
78.9 sq mi
ZIP Area
134
Density / Sq Mi
$68,781
Median Household Income
$41,667
Median Earnings
$911
Median Rent
$127,100
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

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit apartment building near downtown Medina, all units currently rented.
Where is this triplex located?
The property is located at 416 E Center Street Medina, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three‑unit apartment building.; Conveniently located near downtown Medina.; Driveways on both sides of the house for parking.
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