16 Read St, Hancock, NY 13783

$799,000 List Price

Accepted Offer on 9/04/2024

Listing ID	11321055



Property Type	Multi-Unit (5+)



Commercial Type	MULTIFAMILY



County	Delaware



Township	Hancock

School	HANCOCK CENTRAL SCHOOL DISTRICT



Total Tax	$14,583



Tax ID	123601-429.017-0002-004.000



FEMA Flood Map	fema.gov/portal

Virtual Tour

Investment Opportunity in Hancock, NY!

PRIME location- walking distance to the Town Square, laundromat, Guthrie Walk-In, NBT Bank, Tops Grocery Store, and much more. The currently fully-rented 11-unit building has seen many recent upgrades, including the renovation of 2 units, a new roof, and much more. Great location, fully rented, and recently upgraded... Sounds like an opportunity for a seasoned investor to add to their growing rental portfolio. Call today for your private showing.

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Property Details

15750 SF
0.13 Acres
2 Stories
Full Basement
Lower Level: Unfinished

Unit Information

Unit #1 – MULTIFAMILY, Gross Area: 15750, Occupied

Interior Features

Carpet Flooring
Ceramic Tile Flooring
Hardwood Flooring
Laminate Flooring
Baseboard
Natural Gas Fuel
Natural Gas Avail

Exterior Features

Wood Siding
Stucco Siding
Asphalt Shingles Roof
Municipal Water
Municipal Sewer
Street View
Park View
Handicap Features

Income/Expenses

Gross Income $88,200
Net Income $53,954
Insurance Exp $2,833
Electric Exp $2,076
Water Exp $9,260
Misc Exp $5,770
Total Exp $34,246
Paid by Landlord: Electric, Gas, Water, Insurance, Ord. Maint., Struct. Maint., Ground Maint.

Taxes and Fees

$5,649 School Tax
$4,048 County Tax
$4,886 Village Tax
$14,583 Total Tax

Listed By

Joseph Gross

UPPER DELAWARE REAL ESTATE

Office: 607-637-5588

Cell: 607-221-5298

Listing data is deemed reliable but is NOT guaranteed accurate.

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