396 MAIN Street
406-Queens County Liverpool B0T 1K0

$525,000
Multi-Family built: 1871

Main Photo: 396 MAIN Street in Liverpool: 406-Queens County Multi-Family for sale (South Shore)  : MLS®# 202413342
Photo 1: 396 MAIN Street in Liverpool: 406-Queens County Multi-Family for sale (South Shore)  : MLS®# 202413342
Photo 2: 396 MAIN Street in Liverpool: 406-Queens County Multi-Family for sale (South Shore)  : MLS®# 202413342
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202413342
Year Built:
1871
Investment opportunity in the Town of Liverpool. Former 5000 sq. ft. historic home now serves as a profitable triplex with 2 one-bedroom apartments and 1 three-bedroom apartment with 1.5 baths. Options for additional revenue as a sizable portion of the third floor attic could be developed into a 4th unit that would be accessible from external stairs. While retaining lots of original character inside and out, there have been numerous renovations and upgrades over the past 10 years, including electrical and modern windows and doors. Expenses are easily managed as tenants pay for their heat, hot water and power; each unit having its own separate meter, oil tank and furnace. These units are sought-after due to their large size, in-suite washer and dryer, plenty of on-site parking, and close proximity to schools, waterfront parks and downtown amenities.
Listing Sub-Area:
406-Queens County
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Outside Dimenions:
Irregular
Lot Size:
7,535.88 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
3
Year built:
1871 (Age: 153)
Age:
153
# Floors:
2
Exterior Finish:
Other
Foundation:
Concrete, Stone
Basement:
Full, Undeveloped, Walkout
Floor Finish:
Hardwood, Linoleum, Softwood, Tile, Vinyl Plank
Roof:
Asphalt Shingle
Heating:
Forced Air, Furnace
Fuel:
Oil
Parking:
Yes
Parking Description:
Driveway plus extra area
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
1606.67
Sewer:
Municipal
Num Units:
3
Num 1 Bed Units:
2
Num 2 Bed Units:
0
Num 3 Bed Units:
1
Num 4 Bed Units:
0
# Of Dryers:
3
# Of Fridges:
3
# Of Stoves:
3
# Of Washers:
3
Rental Income:
Yes, 30,600
Approx. Net Income:
15,680.03
Insurance Expense:
3138
Taxes Costs:
4055.30
Maintenace:
3060.0
Management expense:
3060
Approx. Total Expense:
14,919.97
Approx. Total Income:
30,600
Laundry
3 fridges, 3 stoves, 3 washers, 3 dryers
Golf Course, Park, Playground, Recreation Center, Shopping, Marina, Place of Worship, Beach
Range - Electric, Dryer - Electric, Washer, Refrigerator
None
None
No
Zoning:
RES
Elementary School:
Dr. John C. Wickwire Academy
Middle School:
South Queens Middle School
High School:
Liverpool Regional High School
Possession Info:
Negotiable
Listed Date:
Jun 10, 2024
Days on Mkt:
3
  • Photo 1: 396 MAIN Street in Liverpool: 406-Queens County Multi-Family for sale (South Shore)  : MLS®# 202413342
    Photo 1 of 2
  • Photo 2: 396 MAIN Street in Liverpool: 406-Queens County Multi-Family for sale (South Shore)  : MLS®# 202413342
    Photo 2 of 2
Listed by EXIT Realty Inter Lake Liverpool
Data was last updated June 13, 2024 at 09:20 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$690,000
Min list price:
$264,900
Max list price:
$1,895,000
Avg days on market:
73
Min days on market:
1
Max days on market:
556
These statistics are generated based on the current listing's property type and located in South Shore. Average values are derived using median calculations.