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    9 W Main St Smyrna, NY 13464

    Pending
    For Sale
    $149,900

    MULTI_FAMILY - Smyrna, NY

    Property size:
    2,544 SF
    Lot size:
    0.12 Acres
    Days on Market:
    326
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 9 W Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement
    Bedrooms
    2
    Bathrooms
    2
    APN
    43.1-2-16
    Parking features
    Garage, On Street
    Interior features
    CeilingFans
    Appliances
    ElectricWaterHeater
    Size
    2,544 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Oil, Forced Air
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Laminate, Varies, Resilient
    Building materials
    Brick, Frame
    Roof type
    Rubber, Membrane

    Chenango County Realty (607) 859-2589 [email protected]

    Listing agent Tere Stronach-Bullen (607) 334-2100 License #10301220007

    Listing date Jan 23, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property with USPS

    This mixed-use property presents an investment opportunity with a first-floor United States Postal Service (USPS) tenant under a five-year lease expiring in 2029, with renewal options including calculated rent increases for a decade of tenancy. The property also includes a large, updated 2-bedroom apartment on the second floor, featuring fire egress and in-unit laundry. The building is suitable for investors seeking reliable tenants and a low-risk investment. The tenants are responsible for their own utilities, with two electric meters, furnaces, and water heaters present. A garage provides additional storage or tenant parking. The USPS tenant covers their own snow removal. The building has a total area of 2544 square feet and is situated on a 0.1217-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Convenience Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Chenango
    State
    New York
    Longitude
    -75.571036
    Latitude
    42.686867

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with a long-term USPS lease and updated apartment.
    Where is this mixed-use property located?
    The property is located at 9 W Main St Smyrna, NY.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Mixed-use building featuring a USPS anchor tenant for reliable income.; - USPS lease extends to 2029, with renewal options and rent increases.; - Updated 2-bedroom apartment offers additional income or owner-occupancy.
    (607) 334-2100
    Request Owner's contact information
    9 W Main St Smyrna, NY 13464
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    Smyrna, NY 13464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 W Main St Smyrna, NY 13464
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