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Evergreen Estates

$625,000

42 Island Road, Phoenix, NY 13135

Active
Last Updated: 12/11/2025

1 sqft

Building Size

7 acres

Lot Area

Details:
Building Size:    1 sqft
Lot Area:    7 acres
Occupancy:    98%
Units:    11
Description:

Prime Investment Opportunity: Nestled in close proximity to the cutting-edge Micron chip plant development, this multi-family property at 42 Island Rd offers an unparalleled chance to capitalize on the burgeoning tech industry boom. The strategic location ensures a promising return on investment for savvy buyers looking to tap into the potential growth and prosperity of the area.

Endless Expansion Potential: With the opportunity to double the park size, this property presents a lucrative prospect for investors with a vision for development. Whether you're an experienced developer or a newcomer to the real estate market, the chance to expand and enhance the property's value is within reach, promising substantial returns in the long run.

Lucrative Rental Income: Boasting six tenant-owned homes generating a steady income of $381 per month each, this property offers a hassle-free investment opportunity with rent-to-own options. The ease of management provided by these arrangements, coupled with an on-site manager overseeing water treatment and testing, ensures a smooth and profitable investment experience for discerning buyers.

Located in Oswego County

Map:
Documents:
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EvergreenEstates_JGP.pdf
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Location
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