120 Diamond Street, Lenox

$259,900

6 Beds
4 Baths
4,262 Sqft
.28 Acres
1 Garages

Welcome to 120 Diamond Street. This charming and rare 4-unit is a perfect value add to any portfolio or an excellent owner-occupied house-hacking contender. 4 units span across just over 4,200 square feet of living space. There are 2, one-bedroom units and 2, two-bedroom units. 3 units are thoughtfully updated and remodeled and actively generating income, while one unit is down to the studs and requires your vision. Completing this unit would create a quick forced appreciation opportunity for the right buyer. The home is ideally situated on a corner lot with a large parking area at the rear for 4+ cars, a major plus for tenants. An attached garage on the backside of the building adds extra storage and could create additional value transformed into tenant storage or a possible coin-op laundry area. Rents are currently below market value but, could generate $3,000+/ month and $4,500+/ month after the fourth unit is complete and rented. In the village and close to everything. Only 3 minutes to I-90! Don't miss out on this rare opportunity to have 4 income generating units all in one place!

Essential Information
MLS® #S1702723
Price$259,900
Bedrooms6
Bathrooms4.00
Full Baths4
Square Footage4,262
Square Footage12197
Acres0.28
Year Built1976
TypeResidential
Sub-TypeMulti Family
StyleFourplex
StatusActive
Community Information
Address120 Diamond Street
AreaCanastota-Village
SubdivisionCanastota Village
CityLenox
CountyMadison
StateNY
Zip Code13032
Amenities
# of Garages1
Utilities

Sewer Connected, Water Connected, Water

Features

Corner Lot, Rectangular, Rectangular Lot

Parking

Parking Available, Two or More Spaces

Garages

Parking Available, Two or More Spaces

Interior
AppliancesGas Water Heater
# of Stories2
Stories2
Has BasementYes
BasementFull
Interior

Carpet, Hardwood, Laminate, Luxury Vinyl, Varies

Heating

Electric, Gas, Baseboard, Forced Air, Hot Water, Radiant

Exterior
ExteriorVinyl Siding
ConstructionVinyl Siding
Lot Description

Corner Lot, Rectangular, Rectangular Lot

School Information
DistrictCanastota
HighCanastota High
Listing Details
Listing Courtesy of Coldwell Banker Prime Prop,Inc
Office #315-622-0161
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