26 Scott Street , Oxford, NY 13830

New - 26 Hours Ago
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Property Description

Well established multifamily portfolio with strong occupancy and income across two Central New York communities. This offering brings together eight residential properties in Oxford and Norwich with a total of 16 units - six 2-unit multi-families, one 3-unit and one single family residence. The portfolio has maintained very low vacancy and generates $182,000 in annual gross rental income, with net income of $106,700. At a projected 10.72% capitalization rate, it offers substantial current income along with potential to improve performance through property updates and future rent growth. Property conditions range from average to above average, with some deferred maintenance presenting opportunities for an investor to add value. The buildings are located within walking distance of local employers and everyday amenities, supporting continued rental demand. For a buyer seeking to expand an existing portfolio or acquire multiple income-producing properties in one transaction, this package merits a closer look.

26 Scott Street | MLS# R1717394

This home located at 26 Scott Street , Oxford, NY 13830 is currently listed for sale with an asking price of $995,000. This property was built in 1878 and has 3 bedrooms and 2 full baths with 2224 sq. ft. Scott Street is located within the OxfordAcademy and Central school district. Search Oxford real estate on theloomisteam.coldwellbankerprime.com today.

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Property Features

Property Type: Residential -
Basement: Full, Partial
Heating: Gas, Propane, Oil, Baseboard, ForcedAir
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $22,203
Year Built: 1878

Feature Descriptions

Appliances: ElectricWaterHeater
Days on Site: 1
Exterior: BlownInInsulation, Other, VinylSiding, WoodSiding
Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 66X197
Parcel#: 084601-182-120-0003-013-000-0000
Parking: Gravel, Paved, TwoOrMoreSpaces
Parking Notes: Gravel, Paved, TwoOrMoreSpaces
Sewer: Connected
Units: 16
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: OxfordAcademy and Central

Estimate Your Payment

Estimated Payment

$ 4,354.90 per month $2,214.44 Principal & Interest $1,850.25 Property Tax $290.21 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Upstate NY Properties
Agency Contact: 607-226-8880

Shown By

Agent Name: The Loomis Team
Agent Phone: (315) 264-3624 Cell
Agency Title: Coldwell Banker Prime Properties

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