266-268 State ST, Carthage, NY 13619
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266-268 State ST, Carthage, NY 13619
266-268 State ST, Carthage, NY 13619
266-268 State ST, Carthage, NY 13619
266-268 State ST, Carthage, NY 13619
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266-268 State ST Carthage, NY 13619

20,210 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 20,210 sqft

Price per Sqft $34

MLS Listing ID S1628327

Construction Status Existing

HOA Y/N No

Year Built 1894

Annual Tax Amount $9,863

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66X165

Property Sub-Type Business

Property Description

Great investment opportunity in the heart of the Carthage business district. This 11 unit mixed use commercial/residential building is combined with the attached 272 State Street, 3 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 Electric, Gas, Individual, Baseboard, Hot Water

Cooling 1 Unit

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Sewer Available, Sewer Connected, Water Connected

Roof Type Asphalt,Flat,Membrane,Pitched,Rubber,Shingle

Total Parking Spaces 8

Building

Lot Description Rectangular, Rectangular Lot

Story 3

Sewer Public Sewer

Water Public

Construction Status Existing

Schools

School District Carthage

Others

Tax ID 226001-086-041-0004-025-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1628327


Listed by Howard Hanna Real Estate

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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266-268 State ST