Erica J. Shea

8 Orchard Street, Holley, NY 14470

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Property Description

This 3-unit home offers immediate income potential with the flexibility for future owner-occupancy, as all units are currently leased on a month-to-month basis. The property features two spacious one-bedroom units and one studio apartment, totaling 1,516 sq ft of living space across the building. The upstairs unit has been recently updated, offering modern appeal to tenants, while two units boast newer windows for improved energy efficiency. Two of the three units also enjoy private outdoor porches - a great amenity that helps attract and retain quality tenants. Major systems have been thoughtfully maintained: the roof is just 5 years old, and the basement sewer hookup has been recently updated, giving investors peace of mind and reduced near-term capital expenditures. Built in 1885, this property blends classic character with practical upgrades, making it an excellent addition to any rental portfolio. With fully occupied units and the flexibility of month-to-month leases, this is a fantastic opportunity for investors seeking immediate cash flow or owner-occupants looking to live in one unit while renting the others.

8 Orchard Street | MLS# R1688259

This multi-family property located at 8 Orchard Street, Holley, NY 14470 is currently listed for sale with an asking price of $129,900. Orchard Street is located within the Holley school district. Search Holley real estate on erica-shea.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Heating: Electric, Baseboard, Forced Air, Space Heater
Home Style: Triplex
Lot Size: 0.25 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $4,984
Year Built: 1885

Amenities

Other
See Remarks

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 12
Exterior: Wood Siding
Flooring: Carpet, Varies
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 74X148
Parcel#: 343201-076-020-0002-067-000
Parking: Common, Gravel, Two or More Spaces
Parking Notes: Common, Gravel, Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 3
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Holley

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Estimated Payment

$ 742.32 per month $289.10 Principal & Interest $415.33 Property Tax $37.89 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Berkshire Hathaway HomeServices Discover Real Estate
Agency Contact: 585-352-4896

Shown By

Agent Name: Erica J. Shea
Agent Phone: (518) 928-6102 Cell
Agency Title: Coldwell Banker Prime Properties

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