132-138 Lenox Ave - Apartments FOR SALE


Oneida, NY 13421
$775,000 USD
315-572-3823
132-138 Lenox Ave, Oneida, NY for Sale
$775,000 USD
Apartments - FOR SALE
1/12
null | 12.84% Cap Rate

132-138 Lenox Ave
Oneida, NY 13421


HIGHLIGHTS

  • 13 total units (10 residential, 3 commercial)
  • High cash flow asset with stable tenancy
  • HUD-supported tenants in place
  • Solid mixed-use structure with strong rental history
  • Onsite parking and garage space for tenants
  • Centrally located in Oneida with easy access to amenities and transit

OVERVIEW

For Sale | 132 Lenox Ave, Oneida, NY – High-Yield Mixed-Use Investment Opportunity Now available for purchase, this high-performing 13-unit mixed-use asset offers strong in-place cash flow and future upside in the growing Oneida, NY market. The property consists of 10 residential units and 3 ground-floor commercial storefronts, with a 2024 gross income of $147,000 and a net operating income of $99,475 – representing a 12.84% cap rate at the list price of $775,000. The residential unit mix includes: 2 studio apartments 1 one-bedroom unit 4 two-bedroom units 3 three-bedroom units Nine of the ten residential units are currently leased, several of which are HUD-supported, offering reliable and consistent rental income. One unit (Apt 1) is currently vacant, presenting an immediate value-add leasing opportunity. The three commercial storefronts below are fully leased, adding diversified income streams and strong tenant mix to the investment profile. Contact for More Information: John A. Trenca Licensed Real Estate Broker Trenca & Co Realty john@trencarealty.co (315) 572-3823

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

5

PRICE/UNIT

$155,000

CAP RATE

12.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DC

APN/PARCEL ID

251201-030-080-0001-014-000-0000

ASK ABOUT THIS PROPERTY

John TrencaTrenca & Co RealtyMore Info
315-572-3823

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John TrencaTrenca & Co RealtyMore Info
315-572-3823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.