14-16 Watson Place,  Utica  (13501)

$569,000

30 bedrooms 30   15 bathrooms 15   9583 square feet 9,583
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PROPERTY DETAILS

Address: view address
Utica, NY 13501
Map Location
Features: Forced Air, Garage
Bedrooms:30Bathrooms:15 (full: 15)
Square Feet:9,583 sq.ft.Lot Size:0.22 acres
Year Built:1935Property Type:Multi Family
School District:UticaCounty:Oneida
List Date:2022-04-08Listing Number:202215190

PROPERTY DESCRIPTION

Welcome to The Romar! The Romar Building located on Watson Place just off Genesee St. in Utica, NY. The subject properties are two contiguous parcels consisting of a 13 unit prewar building and single family home joined by a common driveway and parking lot with ample space for tenant cars. Currently at the list price the property yields on a blended cap rate over 13% and cash on cash return north of 32%! The main building consists of (1) Studio, (4) 1 Bedroom units, and (8) 2 Bedroom units and the single family home is a Cape Cod style home with 3 bedrooms and 2 bathrooms. The main apartment building property was renovated a few years ago and features large floor plans with original hardwood floors, coiffured ceilings, and original details

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Interior

Forced Air:YesNatural Gas Heat:Yes

Exterior

Garage Size:10Parking Spaces:10
Style:3 Story,Apartment 4 Plus Unit,Low RiseVinyl Siding:Yes

Property and Lot Details

Lot Dimension:80 X 120Public Sewer:Yes
Public Water:YesSchool District:Utica
Taxes:7,704Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: John M Bevilacqua of The Property Shop (518-396-5850)