4 Beds
3 Baths
6,000 SqFt
4 Beds
3 Baths
6,000 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $36
MLS Listing ID R1715294
Style Triplex
Bedrooms 4
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,567
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 30X72
Property Sub-Type Multi Family
Property Description
The first-floor storefront offers a generous amount of commercial space and was remodeled in 2023 with new LVP flooring, fresh paint, updated lighting, and an updated kitchen area. Beautiful stained-glass windows add character, while a bathroom and additional storage room provide functionality. The space is currently occupied by established business tenants on a month-to-month lease, with a rent increase anticipated soon.
The second floor offers two spacious 2-bedroom apartments, both currently occupied by month-to-month tenants. All tenants are current with their rent and utilities. Residential tenants pay their own electric, while the seller currently pays heat and water. Each of the three units has its own hot water tank.
Updates include a boiler system installed in 2020, along with a new front porch featuring composite decking and attractive new railings, adding tremendous curb appeal. Even during the coldest winter months, the seller reports the highest heating bill has been approximately $400 per month.
Current rents offer room for upward adjustment, providing additional income potential while maintaining a strong existing tenant base. Plenty of parking adds even more value.
Conveniently located within walking distance to downtown, schools, banking, shopping, and other amenities, with Cayuga Lake, the dog park, and del Lago Resort & Casino just a short drive away.
A solid mixed-use investment with established tenants, over 4,500 sq. ft., commercial and residential income, and future rent-growth potential. No delay, negotiations!
Location
State NY
County Seneca
Area Seneca Falls-453289
Direction Starting from downtown Seneca Falls, take a left-hand turn coming from the west on State Street. Travel down two blocks and building sits proudly on the left side of street on the corner of chapel.
Rooms
Basement Full
Interior
Interior Features Storage, Natural Woodwork
Heating Gas, Zoned, Baseboard
Cooling Zoned
Flooring Carpet, Hardwood, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Deck
Utilities Available High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Porch Deck, Open, Porch
Building
Lot Description Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Brick,Copper Plumbing
Construction Status Existing
Schools
School District Seneca Falls
Others
Senior Community No
Tax ID 453289-006-000-0001-066-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Agent License ID: 10401358713
+1(585) 643-9770 | chantelkincaid99@gmail.com