Investment Opportunity – Stabilized 6-Home Portfolio
58 Nellis Park is being offered exclusively as part of a portfolio package that includes the following five additional properties:
57 Nellis Park
63 Nellis Park
70 Nellis Park
74 Nellis Park
79 Nellis Park
This rare offering presents a fully stabilized portfolio of six single-family homes—all conveniently located on the same street—making for a streamlined and efficient management opportunity.
Financial documents are available upon request, including rent roll, pro forma, capital expenditures summary, and a full bedroom/bathroom matrix.
Highlights of recent capital improvements include:
-New furnaces and water heaters installed in 2024 (including some tankless systems)
-Updated roofing
-Renovated kitchens
The seller is pricing the portfolio at $161,000 per home, offering an attractive 9.5% cap rate.
This listing is also marketed as a commercial investment under MLS
B1609992
1,250 Sq Ft
4,442 Sq Ft Exterior Space
Single Family Home
$1,820 Annual Tax
Built in 1920
MLS/Listing ID B1609904
Construction - Vinyl Siding
Laminate
Hardwood
Stone
Heating - Other
Parking - No Garage
Water Heater
Refrigerator
Oven
Microwave
Style - Historic Antique
Free-standing Range
MATHEW REBERA - 607-342-7209
Source of Data: NEW YORK STATE MLS