The Lapham House

6 Unit Apartment Building | $749,000 ($124,833/Unit) | 6.83% Cap Rate | Macedon, NY 14502

Asking Price $749,000

Property Type: Multifamily
Square Feet: 7,277 SF

Listing Contacts

Aubrey Berardini

Verified Profile

Property Info

Property Overview

DREAMING OF A MAGNIFICINT, ONE-OF-A-KIND CONVERTED 6-UNIT VICTORIAN MANSION THAT BRINGS INCOME? WELCOME TO THE LAPHAM HOUSE - THIS HISTORIC BRICK BEAUTY BOASTS 6 FULLY LEASED UNITS IN THE HEART OF MACEDON. THIS STUNNING LANDMARK HAS UNDERGONE SEVERAL RENOVATIONS TO RESTORE THE ORIGINAL CHARACTER WHILE ADDING MODERN AMENITIES TO MAKE FOR AN UNBELIEVABLE OPPORTUNITY FOR ITS NEXT OWNER! REVEL IN THE HISTORIC CHARM AS YOU APPROACH THE COVERED WRAP-AROUND PORCH W/ WRAUGHT IRON RAILINGS & FLOOR TO CEILING WINDOWS. SITUATED IN A PARK-LIKE SETTING EQUIPPED WITH MATURE TREES, LANDSCAPING & LARGE PATIO WALKWAY GUIDING YOU TO EACH ENTRANCE. THE MAIN COMMON AREA IMPRESSES THE MOMENT YOU ARRIVE WITH CROWN MOLDING, SKY-HIGH CEILINGS, AND ELEGANT STAIRWAY LEADING TO THE 2ND STORY FOYER & APARTMENTS. UPGRADES INCLUDE NEW HVAC SYSTEM, COMMMON AREA WITH COMMERCIAL LAUNDRY, EXPANSIVE DRIVEWAY W/ AMPLE PARKING, UPDATED KITCHENS, APPLIANCES, BATHROOMS, AND ELECTRICAL. TENANTS CAN ENJOY A SHORT WALK TO SHOPS & DINING - PLUS A SHORT DRIVE TO THRUWAY, MALL, AND ALL THE AMENITIES OF THE FINGER LAKES! A MUST SEE!!! DON'T MISS THIS INCREDIBLE OPPORTUNITY!

Property Details

Class: C
Year Built: 1840
Stories: 2
Lot Size (sq. ft): 17,860 SF
Units: 6

Highlights

Walking distance to shops, dining, village amenities
Close to expressway, thruway, mall
Coin operated laundry room
Plenty of natural light, tall ceilings, large room layouts
Expansive driveway with parking for all tenants and guests
Modern upgrades to interior and utilities

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