This great income producing investment opportunity is only 2 $550,000

Lake Home For Sale

This great income producing investment opportunity is only 2 miles from the village of Fabius and the school. The rare opportunity for a Multi purpose property of this size makes no goal out of reach. Whether you are looking for 5 income producing units and still have a residential home. Plenty of room to expand if one would like to build addition structures as well. The property consists of two separate 2-story buildings with ample parking out front. There are three 2 bedroom/1 bath apartments that include laundry hook ups, and 2 one bedroom/1 bath apartments Four of the apartments are occupied with solid rental history, The 2 bedroom apartment is currently occupied by the owner and could add substantially to the monthly income. Each Apartment is well maintained. All tenants are month to month at this point with most being there at least 2 years. The Apartment house has a 3 bay attached garage as well. all you utilities are separated from the farm house Septic Well and electric. The 3 bed 1 bath 2,082 sq. ft. farm house is owner occupied at this point and could continue to be by the new owner or convert to additional apartments. It has a private 1 car detach garage. Roughly 3.7 acres Fabius-Pompey Middle/High School in Fabius, NY, is known for its strong athletic programs, and its commitment to music education and local history exploration through clubs like the Yorkers Club and a Shakespeare recitation group. The school also prioritizes academic excellence and offers Advanced Placement coursework The property has a great location near the pretty village of Fabius for amenities as well as area attractions and culture: renowned restaurants and breweries, shopping, culture and performing arts in Syracuse, Clinton/Utica , outstanding fishing and boating in numerous lakes and rivers all well within an hour or less. NYS Lands, Forest and Wildlife Management areas abound in the surrounding areas. Only half hour from Syracuse and less than four hours from the George Washington Bridge.