272 State ST, Carthage, NY 13619
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272 State ST, Carthage, NY 13619
272 State ST, Carthage, NY 13619
272 State ST, Carthage, NY 13619
272 State ST, Carthage, NY 13619
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272 State ST Carthage, NY 13619

4,872 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $143

MLS Listing ID S1622915

Construction Status Existing

HOA Y/N No

Year Built 1896

Annual Tax Amount $2,299

Lot Size 3,463 Sqft

Acres 0.0795

Lot Dimensions 21X165

Property Sub-Type Business

Property Description

Great investment opportunity in the heart of the Carthage business district. This 3 unit mixed use commercial/residential building is combined with the attached 266-268 State Street, 11 unit mixed use commercial/residential building next door (MLS #S1628327; Tax Map #226001-086-041-0004-025-000. The Tax Map number and MLS number for each property should be included on any Purchase Offer or Letter of Intent.
The 2 properties are comprised of a total of 14 units, 10 residential and 4 commercial. The commercial units are H&R Block, Morning Ritual, Cellular Phone Outlet, and Hawk Self Storage. Hawk Self Storage has 6 storage units which provide the rent for that commercial space. The 10 apartments on the upper 2 floors include (3) 1-bedroom, (4) 2-bedroom, (2) 3-bedroom, and (1) 4-bedroom. The properties are 100% occupied resulting in total gross rents of $149,613. There is also a coin-operated laundry available for the tenants in 272 State Street, resulting in additional income. Tenants are responsible for electric. Water, heat and trash are included in the rent. Tenant parking is provided. Additionally, a two-stall garage is available which may be rented to tenants. Significant repairs and upgrades have been made in recent years which reduce maintenance expenses in the near future. There is excellent potential for significant cash flow and return on investment.

ALL MLS AND TAX MAP NUMBERS SHOULD BE INCLUDED ON ANY PURCHASE OFFER

Location

State NY

County Jefferson

Area Carthage-Village-226001

Zoning COM 1

Rooms

Basement Full

Interior

Heating Gas, Hot Water

Flooring Other, See Remarks

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Electricity Available, Sewer Connected

Roof Type Membrane,Rubber

Total Parking Spaces 2

Building

Lot Description Rectangular, Rectangular Lot

Story 3

Sewer Public Sewer

Structure Type Brick

Construction Status Existing

Schools

School District Carthage

Others

Tax ID 226001-086-041-0004-024-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1622915


Listed by Howard Hanna Real Estate

NEARBY SCHOOLS & PROPERTIES

Lori Frieden

Lori Frieden

Lic. RE Salesperson | License ID: 10401265563

+1(315) 225-9958

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272 State ST