Location
Agent Comments
PRIME SENECA FALLS INVESTMENT OPPORTUNITY - CASH-FLOWING DUPLEX
Attention investors! Don't miss this value-add duplex in Seneca Falls delivering a solid 7% cap rate with significant upside potential. This property features two spacious units:
- Ample off-street parking
-1 bedroom unit
-2 bedroom unit
-Fully occupied
The 2 bedroom unit currently rents for $975/month, while the 1 bedroom unit commands $725/month – both below market rates, presenting an immediate opportunity to increase cash flow through strategic updates and market-rate adjustments.
Recent improvements include a new hot water tank (2024), providing peace of mind for long-term ownership. The property's solid bones and proven rental history make it an ideal addition to any investment portfolio.
Neighborhood location with strong rental demand, close to all that Seneca Falls has to offer. This duplex offers the perfect blend of current cash flow and future appreciation potential.
Don't wait - schedule your showing today to see the value-added opportunities firsthand.
Listings provided courtesy of Laura E. Swogger (Phone: 585-440-8840) and Buffalo Niagra MLS
Amenities
- Gas Water Heater
Interior Features
- Floor Covering: Hardwood,Varies,Vinyl
- Heating: Gas,Hot Water
Exterior Features
- Foundation: Stone
- Lot Description: Irregular Lot, Residential Lot
- Parking: Common, Carport, Paved, Garage
- Roof: Standard
Additional Features
- County: Seneca
- Property Type: Duplex
- Status Date: 1/17/2025
- Stories: 2
- Water/Sewer: Connected, Public
- Year Built: 1880