9 Genesee St - Office/Residential FOR SALE


New Berlin, NY 13411
$174,900 USD
315-762-8744
9 Genesee St, New Berlin, NY for Sale
$174,900 USD
Office/Residential - FOR SALE
1/39
null | Request Cap Rate

9 Genesee St
New Berlin, NY 13411


OVERVIEW

The tenant who occupies the 1st floor pays $1,100 per month plus all utilities. Pays the heat for along with plowing and lawncare. The 1st floor lease ends on October 1st, 2025. There exists a newer roof that is approximately 6 years old. The 2nd floor rear apartment has been recently updated and rents for $800 per month plus electric. The 2nd floor rear apartment is a 2 bedroom unit. The 2nd floor front apartment is a 1 bedroom unit that rents for $500 per month plus electric. For showing purposes, tenants must have 24hrs notice and contact the listing real estate broker to gain access to the apartments and business. The 1st floor office space consists of approximently 1,392 square feet. The 2nd floor apartments consist of approximently 1,400 square foot. Total square footage for the building consists of 2,792 square feet. There does exist a shared driveway with an adjacent property owner to the right and that property owner has one parking space closest to the detached barn. Please be advised the barn is not included in the sale as it is owned by the adjacent property owner. At the present time, the owner of this building takes in approximently $28,800 per year.

FOR SALE DETAILS

PRICE

$174,900 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C1

APN/PARCEL ID

083801-088-070-0002-038-000-0000

ASK ABOUT THIS PROPERTY

Allen (Pat) JamesHaskell & James Real Estate & Appraisal CoMore Info
315-762-8744

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Allen (Pat) JamesHaskell & James Real Estate & Appraisal CoMore Info
315-762-8744

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