21 S Skaneateles Street, Elbridge, NY 13080

Property Description

RARE FIND! Two houses on the same parcel of land come together to form one incredible investment opportunity in the Village of Jordan! Recently 100% occupied and cash flowing around $45,000/yr in gross rents between the two houses, both houses are currently vacant with strong interest from prospective tenants, giving the next owner the option to lease both units to new tenants or live in one house and cash flow the other to cover nearly all of the mortgage. Front house is a 4 bed, 2 bath Cape with full living room and dining room and nearly 1800 sf of living space, while the back house is a 2 bed, 1 bath Ranch with a living room and small bonus room at just under 1,000 sf in total living space. Seller has meticulously maintained the property leaving no deferred maintenance for the next owner. Both roofs are less than 10 years old, and the back house was recently renovated with new kitchen cabinets, quartz countertops, bathroom vanity, and an elongated gravel driveway just to name a few upgrades! Tenants will love the privacy of not sharing any walls with other tenants, and owners will love the cash flow that comes from being able to charge whole-house level rents, as well as low expenses with fully separated utilities. You will not find another property quite like this in the Village of Jordan… book your showing today!