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116 Woodside Dr
Newark, NY 14513
Multifamily Property For Sale · 45 Units

PROPERTY FACTS

No. Units 45
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.62 AC
Building Size 47,200 SF
No. Stories 2
Year Built 1920
Zoning CON

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Porch

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Walk-Up
  • Smoke Detector

ABOUT 116 WOODSIDE DR , NEWARK, NY 14513

This offering contains a total of 45 rental units spread across 12 different properties in the Village of Newark, NY. Several properties have long term master leases to stable non-profit agencies, they pay all the rent, handle maintenance, lawn, snow, etc.. The properties are all located within a 5 minute radius, making for an easily managed portfolio. The structures and mechanicals are in excellent condition. The units currently are, and have historically remained fully occupied. These have been built, owned and lovingly managed by the same family since the mid 1900's. Truly a nice collection of turn-key rental properties filled with rent paying tenants. Seller financing may be an option for a strong purchaser, will require at least 33% down. Excellent 1031 Exchange replacement property. Short term property management is available for a soft transition. Several properties are managed by the parent agency holding a master lease. Contact us for the offering package on this group. This collection of rentals is located 40 minutes East of Rochester in the Village of Newark, NY. Wayne county. Easy access from the NY Thruway or Rt 31 from either Rochester or Syracuse. Contact us for a detailed list of property addresses. The address listed here is just one of the several addresses that comprise this collection - contact us for the full list of property addresses, rent roll, financials, assessed and actual values.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
542001-068-110-0010-314-584-0000
Land Assessment
$55,600
Improvements Assessment
$304,400
Total Assessment
$360,000
  • Listing ID: 3657297

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 116 Woodside Dr, Newark, NY 14513

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