CCertihomes
7391 State Route 3, Richland, NY 13142

$150,000

0 beds 0 baths 4,060 sqft Built 198424 days on marketActive

About this home

Investment Opportunity – 5-Unit Apartment Building in Desirable Location This apartment building features four studio apartments and one two-bedroom unit, offering an income-generating opportunity. Located near Lake Ontario and the Salmon River, this property is situated in a highly sought-after area known for its recreational attractions. Tenants will appreciate the plenty of off-street parking conveniently located behind the building. Whether you're expanding your investment portfolio or starting fresh, this property is a smart addition with rental appeal.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,955/mo

Real estate (PITI + HOA + PMI)
$1,726
Principal + interest$962
Property tax + insurance$708
PMI / 2nd mortgage$56
Utilities
$2,377
Heating + cooling$1,034
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$2,955/mo TLC
Budget$5,000/mo
Remaining after TLC$2,045/mo
Purchase price
$150,000
Down payment
$7,500 (5%)
Loan amount
$142,500
APR
7.15%

Quick facts

Type
Apartment
Style
Year built
1984
Lot size
2.18 ac
Stories
2
Heating
Propane, WallFurnace
Cooling
Water
HOA
Annual tax
$4,835
MLS #
S1614959
County
Oswego

At a glance

Waterfront

Home features

Parking
Driveway
Roof
Asphalt
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 13142

MetricThis ZIPCountyUSA
Population4,79419,351,094299,088,112
Population Change Since1990-2.00%8.00%20.00%
Population Density64395
Male2,3239,381,926147,432,321
Female2,4719,969,168151,655,844
Never Married8994,946,39163,775,926
Married2,0837,166,701123,120,365
Separated1431,159,67312,639,686
Widowed3701,110,24515,467,586
Divorced4251,210,44823,075,029
Number Of House Hold1,8237,102,016111,826,380
Average House Hold Size2.612.642.60
Medial Age38.8336.5335.46
Median House Hold Income$38,267$49,847$48,276
Average House Hold Income$47,372$70,032$63,629
P C I$18,402$26,569$24,529
M D I$33,550$42,210$41,133
A T H E$42,120$54,185$50,898
S T R8.00%4.00%
W C J77.28%81.55%77.74%
(Zip) Code
13142

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 6/14/2025. Provided courtesy of Hunt Real Estate ERA via Buffalo MLS. Information deemed reliable but not guaranteed.