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$5.96/sf - $6K per unit! For Sale

$139,000.00
  • Area 25000 sq ft
  • Floors 3
  • Bedrooms 1
  • Bathrooms 1

Description

Only $139,000! (about $6,000 per unit!) 15-19 N. Second St., 542-546 E. Main St., Little Falls, NY 13365 Prime downtown location. Gorgeous large, BRICK structure. $100K - $200K+ potential income! About 25,000 square feet - A huge property! Great Buy at $5.96 a square foot!!! Please EMAIL QUESTIONS only. 3 commercial storefronts! (1 currently rented) Apts./Spaces are currently vacant (except 1). Most are basic patchwork, paint, carpet, etc. Some need lots of work. A lot of the bathrooms and kitchens appear to be in "decent" shape. Some bathrooms have real "Clawfoot" tubs. Some kitchens have antique stoves and refrigerators in great shape! Lots of hardwood flooring throughout. Very high ceilings. There are a few 2 bedrooms, most are 1 bedroom. It appear 1 beds are going for anywhere from $300-$400 per month. 2 beds $425 - $475 With the 2 current tenants bringing in $525 per month, you already have income coming in! They pay most of their expenses. Incredible equity possible with this building! This would make a great inn/ motel, etc. Only motel in area gets $70 - $95 per night! Potential to make $150-$200K per year income! We are guessing it would take $125K-$175K to make repairs to be Hotel/Inn. Great Tourist area! Office Space is another possibility. See 125 Photos Prime downtown location. Local business's include, Supermarket across street, hardware, liquor stores, P.O., library, video stores, major banks, restaurants, jewelry, ETC. Crime rate is very low. Downtown is improving with each passing day. Just outside city limits a NEW Lowe's Supercenter ($15,000,000 project) is going in, industrial parks, and new strip mall. Lots of jobs coming! Again, this and the surrounding areas appear to be in a good economic revitalization process. With the current tenants bringing in $525 per month, you already have income coming in! They pay most of their expenses. Incredible equity possible with this building! Potential for Hotel Motel Inn B&B, etc. Make $150K - $200K income per year! Office Space is another possibility. Again, this is about 25,000 square feet. A huge property! Great Buy at $5.96 a square foot!!! This won't last long!!! See 125 Photos All information believed to be true, but not warranted, expressed or implied. Buyer accepts full responsibility for and all inspections, liabilities, etc. All above are estimates only. Property sold AS IS

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Exterior Property Information

  • Sale Status: Active
  • Price: $139,000.00
  • Occupancy Rate: 0.00 %
  • Number of units: 22
  • Email: k81k81@yahoo.com

Exterior Features

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