Attention investors!
Location, location, location! This property is half mile from 5and20, 3.5 miles from Rt 318 and 3.7 miles from the thruway. This unique property offers 3 sources of income. There are two apartments, a 1 bed 1 bath and a 2 bed 2 bath. There is also a graphics print shop and a 3 bay auto repair shop. They are all fully rented
and the rents are as follows: 1 bed-$500, 2 bed-$750, Garage-$1100 and the graphics shop-$600. All of these rents are well below fair market rent and could very easily be increased. The existing buildings only take up about half of the 2.03 acres leaving room for further development.
The current owner has a contract with SBA Towers to construct a cell tower on the back corner of the lot. The rent would be $1200 monthly and increase by 10% per year for 55 years. With over an acre of undeveloped area another potential would be storage units. These are just a few. Bring your vision to this prime location. Copyright © 2023 Greater Syracuse Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Inn for Sale: Finger Lakes Waterfront Lake Homes Rare opportunity to own two adjacent superb waterfront properties.
One large three bedroom / two bath and another two bedroom / one bath home with 196’ of combined waterline frontage with 6’ sea wall. Two large docks offer plenty of space to relax and entertain. Minutes from downtown Geneva , the Se To find more bed and breakfast inns for sale visit , your source for inns, bed and breakfasts, and historic homes.