Investment Property for Sale at 190 St Charles Street in Johnson City, New York for $289,000

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190 St Charles Street | JOHNSON CITY

$289,000 | 8 Beds (3 Full) | 2,700 Sq. Ft.

INVESTORS TAKE NOTICE! 3-family investment opportunity featuring a PRO FORMA +/-11.84% CAP RATE and projected annual gross income of $54,600 based on projected rents and efficient property management. Pro forma rents of $1,600/month for each 3-bedroom unit and $1,350/month for the 2-bedroom unit. Renovated throughout with updated kitchens and bathrooms, stainless steel appliances, refinished hardwood floors, fresh paint, carpet, and more! All utilites included, a highly sought-after feature that commands strong tenant demand, reduces turnover, and simplifies budgeting for renters. PRIME LOCATION near the new SUNY Pharmaceutical School, downtown, public transportation, shopping, dining, and major employers. Strong cash-flow opportunity in a high-demand rental market. An excellent addition to any investor's portfolio seeking both immediate income and long term rental growth. *Some photos have been virtually staged to illustrate tenant furniture and decor possibilities only. GBAR MLS #336169

Directions to property: Floral Ave to St. Charles.

Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
Michele L DePrato
Listing Agent Phone: 
607-201-8904
Listing Agent Email: 
Michele [dot] 4HG [at] outlook [dot] com (send a message)
Listing Office Name: 
4HG Real Estate
Listing Office Phone: 
607-201-8904