Remarks

CALLING ALL INVESTORS/OWNER/OPERATORS! The numbers just make sense on this one. 65 Franklin St. (R1523545) and 67 Franklin St. (R1523546) are being offered as a package! Over 19,000 cars travel this section of the E/W Arterial every day! INCREDIBLE EXPOSURE! Separate utilities on all units make it easy to keep track of each unit, and 65 Franklin boasts 2 commercial spaces on the first floor, with their own entrance, bathrooms, and utilities. The first floor has been updated, and is ready for your business/new tenant. Whether you lease it out, put your business there and let the tenants pay the mortgage, it’s up to you! Plenty of short-term street parking available. There are 5 apartments above, that provide steady income, and are fully occupied. Many of the apartments have had light renovations, as well as the common areas. 67 Franklin is a 1,720 sq. Ft. Space that brings in $1,800 a month (Lease is until 2026, with option to renew). This space had been remodeled, complete with a newer roof. There's a large freestanding sign frame on the arterial side, for advertising (buyer needs to perform due diligence with the city). There is a ton of upside on this property. Run the numbers!

Details

MLS#: R1523545
Price: $399,900

Style: Apartment
Sq Ft: 10300
Year Built: 1960

County: Cayuga
Lot Size: 44X54
Tax Fee: 5954

School District: Auburn