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$165,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
8380 Geneva St
Covert, NY 14847
5 bed 3 bath 2,422 SqFt ($68/SqFt)
0.35 acre lot. Built 1986
Listed 2024-05-16, Taxes $1,898
USDA Eligible
near Covert, NY
 Restrictions may apply
due to home size

3 unit investment property located in the Village of Interlaken.

* Has Contingent Offer *

A true moneymaker!! This property features a single family 1 bedroom cottage and 2 mobile homes with 2 bedrooms each. All 3 units have municipal water and sewar! This is a well priced straightforward turnkey property for a savvy investor. Or you can live in the cute little cottage for free and let the mobile home rentals pay your mortgage.

This is a well kept property and sits privately away from the road. The cottage is privately situated from the mobile homes. There is a fantastic rental history and the units are rented wi th month to month leases. The size of the cottage is 546 Square Feet. The cottage is being sold fully furnished, making it all ready for short term or long term rental. The Mobile Homes area bout 938 square feet each. Possble owner financing.


Presented by Mary Lisa Strassheim at
Homes Of Ithaca.


Property MLS #R1529744 from NYStateAlliance

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

BedroomonMainLevel
Flooring: Carpet, Laminate, Varies, Vinyl

ElectricWaterHeater

Heating Features: Propane, Baseboard
Heating: Yes

Basement Description: CrawlSpace

Fence
Patio
PrivateYard
Fencing: Partial
Patio And Porch Features: Patio
Road Frontage Type: CityStreet

Lot Description: IrregularLot, ResidentialLot
Lot Size Acres: 0.35
Lot Size Dimensions: 14X246
Lot Size Square Feet: 15246

Garage Spaces: 2
Garage Description: Common, Gravel, ParkingAvailable, TwoorMoreSpaces
Parking Features: Common, Gravel, ParkingAvailable, TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: South Seneca Elementary
Elementary School District: South Seneca
High School: South Seneca High
High School District: South Seneca
Middle School: South Seneca Middle
Middle or Junior School District: South Seneca

South Seneca Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

South Seneca High School is a public middle and high school located approximately 6.3 miles away.
directions icon Map directions

Interlaken Christian School is a private elementary, middle and high school located approximately 0.1 miles away.
directions icon Map directions

Number of Units In Community: 4
Number of Units: 3

Gross Income: 27600
Tenant Pays: AllUtilities

Annual Tax Amount: 1904
Source Listing Status: ActiveUnderContract
County: Seneca
Cross Street: Cayuga
Directions: Located in the Village of Interlaken. Heading N on Main Street, turn Right onto Cayuga and then Right onto Geneva. The property is on the right.
Source Property Type: Residential
Area: Interlaken-Village-452001
Source Neighborhood: Interlaken-Village-452001
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Parcel Number: 452001-002-000-0001-055-002-0000
Postal City: Interlaken
Township: Interlaken-Village
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$45,400 + $9,600
$55,000
$1,898
2022$45,400 + $9,600
$55,000
$1,863
2021$45,400 + $9,600
$55,000
$1,838
2020$45,400 + $9,600
$55,000
$1,813
2018$45,400 + $9,600
$55,000
$1,892
2016$45,400 + $9,600
$55,000
$1,777
2015$45,400 + $9,600
$55,000
$1,706
2014$32,900 + $8,400
$41,300
$1,664
2014$32,900 + $8,400
$41,300
$1,693
2013$32,900 + $8,400
$41,300
$1,619
2012$32,900 + $8,400
$41,300
$1,588
2011$33,400 + $7,900
$41,300
$1,802
2010$33,400 + $7,900
$41,300
$2,647
2009$33,400 + $7,900
$41,300
$1,848

Listed 2024-05-16
$165,000
NYStateAlliance
Listing removed 2024-02-02
$0
IthacaNY
Listing removed 2024-02-02
$0
IthacaNY
Listed 2023-12-07
$162,000
IthacaNY
Listed 2023-12-07
$162,000
IthacaNY
Listing removed 2023-11-20
$0
IthacaNY
Listing removed 2023-11-20
$0
IthacaNY
Listed 2023-08-01
$162,000
IthacaNY
Listed 2023-08-01
$162,000
IthacaNY
Listing removed 2023-07-18
$0
IthacaNY
Listing removed 2023-07-18
$0
IthacaNY
Price Changed 2023-06-03
$164,000
IthacaNY
Price Changed 2023-06-03
$164,000
IthacaNY
Price Changed 2023-05-04
$169,000
IthacaNY
Price Changed 2023-05-04
$169,000
IthacaNY
Listed 2023-04-18
$179,000
IthacaNY
Listed 2023-04-06
$179,000
IthacaNY

Net Operating Income: 23696
Operating Expense: 2000
Operating Expense Includes: Maintenance, ProfessionalManagement

Total Square Feet Living: 2422
Year Built: 1986
Building Area Source: Assessor
Building Area Total: 2422
Construction Materials: Frame, VinylSiding
Levels: Two
Property Age: 38
Property Condition: Resale
Roof: Metal
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing

Electric: CircuitBreakers
Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public

Accessibility Features: AccessibleBedroom
Click Thumbnail Images To View Full Size
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kitchenkitchenkitchenunknownporch
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bathroomlaundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.