912 Stafford Road , Palmyra, NY 14522

New - 3 Hours Ago

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Property Description

Discover the potential of this well-maintained three-unit multifamily property in Palmyra NY, just a short stroll from the Joseph Smith Farm, Sacred Grove and LDS Temple! Whether you're an investor looking to expand your portfolio or an owner-occupant seeking additional rental income, this property offers versatility, space, and excellent income-producing potential. A major bonus: All three units are completely furnished and ready to go on day one! This turnkey setup offers an opportunity to begin generating rental income without the added expense and hassle of furnishing the apartments. Unit 1 is a spacious two-story apartment featuring 2 bedrooms, 1.5 bathrooms, and hardwood floors throughout. Unit 2 is a comfortable 1-bedroom, 1-bathroom apartment with hardwood floors throughout. Unit 3 is a bright and airy Walk-out basement apartment offering 1 bedroom and 1 bathroom. Enjoy the convenience of two blacktop driveways providing ample off-street parking for tenants and guests. The generous .47-acre lot offers plenty of outdoor space, adding to the property's appeal. Numerous updates and improvements have been completed throughout the property. Be sure to review the detailed list of updates attached to the listing! Strong Rental Income Potential! Based on estimated current Palmyra market rents, this property could generate approximately $3,200-$3,740 per month, or $38,400-$44,880 in potential gross annual rental income. The fully furnished units may also provide opportunities to appeal to furnished-rental and traveling professional markets. With three separate living spaces, furnishings included, ample parking, a generous lot, and numerous updates, this is an opportunity worth exploring. Whether you're looking for a turnkey investment or a property with the flexibility to live in one unit while renting the others, don't miss your chance to own this versatile multifamily property in Palmyra!

912 Stafford Road | MLS# R1726663

This home located at 912 Stafford Road , Palmyra, NY 14522 is currently listed for sale with an asking price of $274,900. This property was built in 1970 and has 4 bedrooms and 3 full and 1 partial baths with 1920 sq. ft. Stafford Road is located within the Palmyra-Macedon school district. Search Palmyra real estate on blake-hitt.timberlandproperties.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Full, Finished, WalkOutAccess
Cooling: WindowUnits
Heating: Gas, MultipleHeatingUnits
Home Style: Triplex
Lot Size: 0.46 Acres
Roof Type: Asphalt, Architectural, Shingle
Stories: 1.0
Taxes: $5,675
Year Built: 1970

Amenities

CeilingFans
WindowTreatments

Feature Descriptions

Appliances: GasWaterHeater
Exterior: BlownInInsulation, VinylSiding, PexPlumbing
Flooring: CeramicTile, Hardwood, Varies
Laundry: CommonArea
Lot: Agricultural, Rectangular, RectangularLot
Lot Dimensions: 100X200
Parcel#: 543689-064-110-0000-443-946-0000
Parking: Common, Paved, TwoOrMoreSpaces
Parking Notes: Common, Paved, TwoOrMoreSpaces
Patio/Porch: Open, Porch
Security: RadonMitigationSystem
Sewer: SepticTank
Units: 3
Utilities: ElectricityConnected, HighSpeedInternetAvailable, SewerAvailable, WaterConnected
Water: Connected, Public
Window: Drapes

Local Schools

School District: Palmyra-Macedon

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Estimated Payment

$ 1,164.90 per month $611.81 Principal & Interest $472.92 Property Tax $80.18 Homeowner's Insurance

Change Payment Information

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yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Gateway
Agency Contact: 585-256-5428

Shown By

Agent Name: Blake Hitt
Agent Phone: (607) 434-8219
Agency Title: Timberland Properties

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