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183 & 187 Main St Brockport 183 Main St

10 Unit Block of Flats £795,419 (£79,542/Unit) 8.23% Net Initial Yield Brockport, NY 14420

Investment Highlights

  • Less than 1 mile from SUNY Brockport
  • Cash Washer & Dryer
  • Heart of Brockport
  • Off Street Parking

Executive Summary

Investment opportunity in the heart of Brockport! Located less than a mile from SUNY Brockport, and just a short drive to shopping centers and restaurants. This investment is offering two apartment buildings both with 5 units that are all well kept. The first building is at 183 Main St, with vinyl siding and an asphalt roof. 183 has 5 units (One 1 Bath 1 Bedroom, One 1 Bath 2 Bedroom, One 1 Bath 3 Bedroom, One 1 Bath 4 Bedroom and one 2 Bath 5 Bedroom apartments). The second building is 187 Main St, with aluminum siding and metal roof. 187 has 5 Units as well (One 1 Bath 1 Bedroom, Four 1 Bath 2 Bedroom apartments). This apartment also has a cash washers and dryers that is used by tenants of both buildings and brings another source of income to the property. There is also an oversized parking lot with 20+ parking spaces for all the tenants creating convenience for everyone! Showings Schedule as followed: December 5th 3:30pm-5:30pm, December 7th 10am-Noon, December 11th 3:30pm-5:30pm, December 14th 10am-Noon Call Co Listing agent to register for showing.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £795,419
Price Per Unit £79,542
Sale Type Investment
Net Initial Yield 8.23%
No. Units 10
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 5,655 SF
Average Occupancy 90%
Number of Floors 3
Year Built 1910
Parking Ratio 3.54/1,000 SF

Unit Amenities

  • Balcony
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Wooden Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Carpet
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Video Patrol
  • Laundry Service
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
265201-068-680-0002-018-000
Land Assessment
£34,203
Improvements Assessment
£211,820
Total Assessment
£246,023
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code 05 - COMME (Buisness)
05 - COMME (Buisness)
  • Listing ID: 34042013

  • Date on Market: 01/12/2024

  • Last Updated:

  • Address: 183 Main St, Brockport, NY 14420

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