7134 Main St, Ovid, NY 14521
This well-maintained three-unit apartment building presents a fantastic investment opportunity in the heart of Ovid, New York. Located at 7134 Main Street, this property boasts a total of 2,012 square feet situated on a 0.28-acre lot. Built in 1865, the two-story building offers three individual rental units, ensuring consistent cash flow. The property benefits from all-electric utilities, eliminating the need for gas maintenance and simplifying upkeep. Off-street parking is available for residents, along with a pleasant yard. Recent improvements include a major kitchen remodel in one unit and a significant portion of the roof has been replaced. The property's central location in Ovid provides easy access to local amenities, including a diner, bank, library, and various shops and restaurants. This turnkey investment is ideal for those seeking a low-maintenance, high-return property in a desirable Finger Lakes location. The asking price is $210,500. This property consistently maintains high occupancy rates. The building is conveniently located in Seneca County, New York, with the zip code 14521.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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