For sale

$465,000

7 acresBuilt 1967

42 Island RoadPhoenix, NY 13135

Multifamily property · MLS 12025799 · Listed 35 days ago (Oct 1, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Evergreen Estates, 42 Island Rd, Phoenix, is an established 11-unit mobile home park on about 7 acres, dating to 1967. Ten of 11 units are occupied: two lots rent at $450/mo, seven at $381/mo, and one rental home brings in $721/mo, for a current gross of $4,288/mo ($51,456/yr). Tenants pay all utilities. A 3% lot rent increase is planned for March 2027, and one vacant home offers value-add potential. At $465,000, the gross rent multiplier is about 9.0. An income-producing community for investors seeking steady returns, within reach of the Syracuse-area Micron development corridor. Rent roll and financials available to qualified buyers. Offered at $465,000.

Description provided by the listing brokerage.

Key facts

Asking price
$465,000
Status
For sale
Property type
MultifamilyFrom the MLS property class
Land area
7 acresSource field LotSizeAcres
Year built
1967
MLS number
12025799

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$465,000

Building and site

Units
11From the listing description
County
Oswego County

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Phoenix or multifamily property in Phoenix.

Why this listing is on Commercial Only

  • Multi-unit income property class. (PropertyTypeDetail: multi-unit)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of IRE INVESTMENTS. Listing agent: Jonathan Gardner. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 16, 2026, 1:03 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 3:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.