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