$850,000

663-667 Conklin Road, Conklin, NY 13903

  • 13 beds
  • 7,385 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.61acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This 13-unit, 19 bed apartment complex offers immense potential for investors looking for a value-add opportunity. Comprised of two buildings with a mix of 1 and 2-bedroom units, the property boasts a new roof, new hot water heaters, consistent rental income, and some recent upgrades. With long-term tenants in place and ample off-street parking, this well-maintained complex is positioned for reliable returns. Rents are currently below market, providing an excellent opportunity for growth. Located just a short distance from parks, the Exchange Street Bridge, and downtown amenities, and offering quick access to major highways, this property is perfect for both seasoned investors and those just starting out. Located in an industrial area with many factories nearby. Don’t miss out on this opportunity to capitalize on immediate income and long-term value growth. Some units feature a private covered porch and a small deck, offering the perfect space for outdoor relaxation and enjoying the surrounding environment. These private outdoor areas provide added comfort and convenience for tenants. The property also includes a billboard, providing an additional source of income. This unique feature offers an opportunity for passive revenue while benefiting from high visibility. Don't miss this opportunity to invest in a property with immediate income potential and long-term growth prospects.

Listing Status:
Active
Date Added:
March 25, 2025 at 05:00AM
Listing Office:
Hage Real Estate : 607.753.6766
Listing Agent:
Tara Wetherell : 704.241.8799
MLS ID:
S1592071
  • General: Ceiling Fan(s)Storage
  • Appliances: Electric CooktopElectric OvenElectric RangeGas Water HeaterRefrigerator
  • Basement: None
  • Flooring: CarpetVariesVinyl
  • Heating: GasBaseboardHot Water
  • Fireplace: Fireplaces: 0

This listing courtesy of Tara Wetherell, Hage Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

F P Donnelly School

1168 Conklin Rd, Conklin, NY, 13748

Grades PK-5

3.62 miles away

R

Richard T Stank Middle School

1040 Conklin Rd, Conklin, NY, 13748

Grades 6-8

2.28 miles away

S

Susquehanna Valley Senior High School

1040 Conklin Rd, Conklin, NY, 13748

Grades 9-12

2.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.