468 Salt RoadWebster, NY 14580

Description

Very unique investment property located on the Webster Golf Club featuring a 4 family consisting of Four 1 bedroom units, an 11,000 sf 3 story barn and possibility of subdividing off a half acre building lot. Barn use is on a variance. This property backs up to the Webster Golf Club. This has been in the same family ownership for over 100 yrs. The 4-Family includes 2 apartments on the 1st floor and 2 on the second floor. 2 are larger units and 2 are smaller units. Rents include all utilities and property maintenance. The largest one is on the 2nd floor and includes a deck overlooking the golf course and its own washer & dryer. Plenty of parking is available. All units are in move- in ready condition. The Barn is 3 stories and in excellent condition. The lower-level space comprises of a shop area with storage and connected to a wood framed and steel storage building all with overhead doors and sliding doors. The main floor of the barn has an 1120 sf heated and air-conditioned office. There is a private office, reception room, a workroom, a kitchenette and a full bathroom. The remaining 1st floor is storage with an overhead door. The huge loft is also used for storage. The exterior has been recently painted and a full new tear-off roof with all new sheathing was done last year. There is also a loading platform for tractor trailer deliveries. Investment Considerations Strengths: Rare combination of residential + commercial/flex space + land Long family ownership suggests stable, well-maintained asset Recent roof and exterior work = deferred maintenance largely addressed Golf course adjacency adds scarcity value All units rent-ready with utilities included (simple landlord experience)

Property Information

Property type

Residential

Sub-type

Multi Family

Style

Fourplex

Year built

1945

Stories

2

Living area

15,228 Sq Ft

Lot size

1.90 acres

Lot dimensions

380X229

Days on market

35

MLS^® Listing#

R1711257

Property Features

Appliances

Gas Water Heater · Water Heater

Cooling

Zoned

Heating

Zoned · Hot Water · Natural Gas

Flooring

Laminate · Varies

Basement

None

Parking

Paved

Patio

Deck

Lot features

On Golf Course · Other · Rectangular Lot · See Remarks

Construction

Frame · Wood Siding

Foundation

Other · See Remarks

Roof

Asphalt

Utilities

Cable Available · Sewer Connected · Water Connected

Water source

Public

Financial Details

Annual taxes

$13,608

Assessed value

$262,500

Parcel number

265489-065-020-0001-034-000

Directions

Rt 104 to Salt Rd. Head north just past Schlegel Rd on the right.