UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 7,811 sqft
Price per Sqft $44
Subdivision Sylvester Mcintyre
MLS Listing ID S1663310
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $10,476
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 132X331
Property Sub-Type Apartment
Property Description
The property is currently configured as four residential apartments, with two units combined and utilized as a commercial office space. The space has the potential to be converted back to two separate apartments — creating the opportunity for a full five-unit residential income property and increased cash flow.
Each unit features soaring ceilings that enhance the natural light and create a spacious, open feel rarely found in properties of this era. The building does require cosmetic updates and some improvements, but the fundamentals are strong — making it an ideal value-add opportunity for an investor looking to build equity and maximize returns.
Major mechanical updates include all new furnaces, offering peace of mind and efficiency. Additional highlights include a one-car attached garage for storage and a large private parking lot accommodating six or more vehicles — a significant asset this close to downtown.
With its flexible layout, prime location, strong rental potential, and room to add value, this property is a smart investment opportunity with substantial upside. Bring your vision and transform this into a high-performing income producer.
This is a duplicate listing with MLS # S1663645
Location
State NY
County Cayuga
Community Sylvester Mcintyre
Area Auburn-050100
Zoning D
Interior
Heating Electric, Gas, Forced Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 6
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Existing
Schools
School District Auburn
Others
Tax ID 050100-115-068-0001-002-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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KW Upstate New York Properties
Broker | License ID: 10991215115
Broker License ID: 10991215115