14 Moss Street #16, New Berlin, NY 13411
Local realty services provided by:CENTURY 21 Jackson Real Estate
14 Moss Street #16,New Berlin, NY 13411
$1,195,000
- 3 Beds
- 1 Baths
- 4,538 sq. ft.
- Multi-family
- Active
Listed by: kevin d. walsh
Office: keller williams upstate ny properties
MLS#:R1711749
Source:NY_GENRIS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$263.33
About this home
Rare opportunity to acquire a well-established investment portfolio consisting of seven residential multi-unit properties located throughout Norwich, Sherburne, and New Berlin. The package includes a diverse mix of 2-unit, 3-unit, and 4-unit buildings, offering investors the benefit of multiple income streams across three desirable City and Village locations.
The portfolio maintains a very low actual Vacancy rate, generating annual gross rental income of approximately $218,000 and net income in excess of $125,000. Offered at a capitalization rate of 10.54%, this package provides excellent current cash flow with additional potential through continued professional management, strategic improvements, and future rent growth.
Overall property conditions range from average to above average, with some deferred maintenance providing opportunities to further enhance curb appeal, value, and operating performance. Each property is conveniently situated within easy walking distance of local employment, shopping, dining, schools, and other community amenities—locations that help support consistent tenant demand and long-term occupancy.
Whether expanding an existing portfolio or making a substantial entry into the multi-family investment market, this offering provides a rare opportunity to acquire multiple income-producing properties in a single purchase. Strong historical occupancy, diversified unit count, desirable locations, and attractive financial performance combine to make this a noteworthy Central New York investment opportunity.
Owner Financing is not available. Seller is unable to break package or sell properties individually....
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Home facts
- Year built:1900
- Listing ID #:R1711749
- Added:2 day(s) ago
- Updated:September 12, 2026 at 03:08 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Hardwood, Tile, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:4,538 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Gas
Structure and exterior
- Year built:1900
- Building area:4,538 sq. ft.
- Lot area:0.5 Acres
- Lot Features:Irregular Lot, Residential Lot
- Architectural Style:Duplex, Triplex
- Construction Materials:Vinyl Siding, Wood Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$263.33
- Tax amount:$28,143
Features and amenities
- Laundry features:Electric Water Heater
Parking
- Parking description:Gravel Driveway, Paved
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