Multifamily Residential Income
42 Island Rd Phoenix, NY 13135
42 Island Rd, Phoenix, NY, 13135
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For Sale
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Income-producing property with tenant-owned homes plus rent-to-own and rental units, supported by an on-site manager.
Days on Market50
Property Features for 42 Island Rd
General Information
- Standard status
- Active
- Property subtype
- LAND
Listing agency
IRE Investment
(518) 379-0652
Listed by
Steven J. Tomaso · License #3536754
Source
Moodyscre
Added: Jun 2 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 6:29AM
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 IRE Investment
Investment Insights
Based on property information with market context.
This multifamily residential income property includes multiple tenant-owned homes, generating $381 per month per home. The property also features one rent-to-own unit and one traditional rental unit. An on-site manager oversees water treatment and testing, providing day-to-day operational oversight for the property.
The address is 42 Island Rd in Phoenix, NY 13135. The property is described as being in close proximity to the Micron chip plant development.
For buyers seeking an income-focused residential portfolio, this configuration offers a mix of tenant-owned arrangements alongside rent-to-own and rental income. The presence of an on-site manager overseeing water treatment and testing may be helpful for operators looking to maintain consistent property operations across the units. Please note that the listing materials provided focus on the ownership and rent mix and the described on-site management function.
The address is 42 Island Rd in Phoenix, NY 13135. The property is described as being in close proximity to the Micron chip plant development.
For buyers seeking an income-focused residential portfolio, this configuration offers a mix of tenant-owned arrangements alongside rent-to-own and rental income. The presence of an on-site manager overseeing water treatment and testing may be helpful for operators looking to maintain consistent property operations across the units. Please note that the listing materials provided focus on the ownership and rent mix and the described on-site management function.
Key Highlights
- Multi‑family property at 42 Island Rd with 8 tenant‑owned homes
- Generates $381/month per tenant‑owned home
- Includes 1 rent‑to‑own unit and 1 rental unit
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Income-producing property with tenant-owned homes plus rent-to-own and rental units, supported by an on-site manager.
Where is this apartment building located?
The property is located at 42 Island Rd Phoenix, NY.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Multi‑family property at 42 Island Rd with 8 tenant‑owned homes; Generates $381/month per tenant‑owned home; Includes 1 rent‑to‑own unit and 1 rental unit
