453 Grippen Hill Road

Vestal, NY 13850

$789,000
Price
9
Beds
4
Baths
4
1/2 Baths
2,740 Sq. Ft.
$288 / Sq. Ft.
2,740
Sq. Ft.
$288
per Sq. Ft.

Description

Presenting an exceptional investment prospect in Vestal, NY, this Respite Care Facility boasts a stately 2,740 SF building featuring
9 bedrooms and 8 bathrooms. With its rich history and potential for growth, this property stands as a compelling investment opportunity for investors seeking to break into medical real estate. All Income is Pro Forma based on previous business. Property to be delivered vacant with a business plan to Re-Open this Respite Care Facility. This Facility Comes Fully Furnished
...Presenting an exceptional investment prospect in Vestal, NY, this Respite Care Facility boasts a stately 2,740 SF building featuring
9 bedrooms and 8 bathrooms. With its rich history and potential for growth, this property stands as a compelling investment opportunity for investors seeking to break into medical real estate. All Income is Pro Forma based on previous business. Property to be delivered vacant with a business plan to Re-Open this Respite Care Facility. This Facility Comes Fully Furnished and features an inground pool that visiting relatives can enjoy.
  1. Listed by Matthew Karlgut • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 453 Grippen Hill Road

Architectural Style
Duplex
Zoning
One and Two-Family Resi
LISTING UPDATED: 11/29/2024 07:45 PM

Property Details for 453 Grippen Hill Road

StatusActive
MLS #328344
Days on Market2
Taxes$9,757 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1885
Lot Size1.09 AC / 47,480 SF
CountyBroome County

Building Information for 453 Grippen Hill Road

Stories-Residences9Year Built1885Building Size-Lot Size1.09 AC / 47,480 SF

Property Information for 453 Grippen Hill Road

Summary
Location and General Information
  • City: Vestal
  • County Or Parish: Broome
  • Directions: Glenwood to Grippen Hill Rd
  • Postal City: Vestal
  • Township: Vestal
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13850
  • Zoning Description: One and Two-Family Resi
Taxes and HOA Information
  • Parcel Number: 034800-189-015-0001-011-000-0000
  • Tax Annual Amount: $9,757.37
  • Tax Assessed Value: $280,000.00
  • Tax Book Number: 189.15-1-11
School Information
  • Elementary School: Glenwood
  • Elementary School District: Vestal
  • High School District: Vestal
  • Middle Or Junior School District: Vestal
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Attached, Garage, TwoCarGarage
Property
Lot Information
  • Above Grade Finished Area: 2740.0
  • Living Area: 2740.0
  • Lot Size Area: 1.09
  • Lot Size Units: Acres
Property and Assessments
  • Other Structures: Sheds
  • Sign On Property: No
  • Year Built: 1885
  • Property Sub Type: Duplex
  • Property SubType Additional: Duplex
  • Property Type: ResidentialIncome
  • Construction Materials: VinylSiding
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Landscaping, Pool, Porch, Shed
  • Fencing: YardFenced
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch
  • Pool Features: InGround
  • Structure Type: Duplex
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: CeilingFans, Ductless
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Baseboard
  • Heating: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 4
  • Bedrooms Total: 9
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Room 6
  • HumanModified: Yes
Room 7
  • HumanModified: Yes
Room 8
  • HumanModified: Yes
Room 9
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 9
Income & Expenses Information
  • Fuel Expense: $3,500.00
  • Insurance Expense: $5,000.00
  • Electric Expense: $2,500.00
Unit 1
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 2
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 3
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 4
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 5
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 6
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 7
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 8
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Unit 9
  • Actual Rent: $2,500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $2,500.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 453 Grippen Hill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 453 Grippen Hill Road

Taxable ValueLand$30,900Additions$223,600Total$254,500
Home Facts
Baths4Total Finished SqFt2,740 SqFtAbove Grade Finished SqFt2,740 SqFtStories2Lot Size47,480 SqFtStyleDuplexYear Built1885Year Renovated1981ZoningRA-2CountyBROOMEAPN034800 189.15-1-11

Schools near 453 Grippen Hill Road

This home is within Vestal Central School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Glenwood Elementary School
PublicK to 5

Vestal Middle School
Public6 to 8

Vestal Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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453 Grippen Hill Road is a multi-family home for sale in Vestal, NY 13850. This property was listed for sale on November 29, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $789,000. It has been on the market for a total of 2 days and was last sold on November 15, 2024. This listing's school district is Vestal Central School District. Nearby schools include Glenwood Elementary School, Vestal Middle School and Vestal Senior High School. 453 Grippen Hill Road is a 9-bed, 6-bath, 2,740 sqft multi-family home built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.