SZ INC.Realty
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For Sale

42 Island Road

Phoenix, NY 13135

$465K
· 7 ac · Built 1967
Request a Private ShowingEnquire by phone · +1 212 920 6260
The residence

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.

At a glance
Property type
Status
Active
Year built
1967
Lot size
7 acres
MLS#
12025799
Beds · Baths
0 · 0
Location

Phoenix, NY.

Phoenix, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$2K/mo
Approximate · principal & interest only
Display Currency
$465K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of IRE INVESTMENTS · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Oct 16, 2026

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