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    4 Demott St Sandy Creek, NY 13083

    For Sale
    $100,000

    High cash flowing investment property with updates and long-term leases.

    Lot size:
    0.12 Acres

    Property Features for 4 Demott St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1970

    Source: Howard Hanna Real Estate Agent Robert McTague

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five-Unit Multifamily Investment Opportunity

    This multifamily investment opportunity features two structures comprising five units, situated in the Village of Lacona. The property is currently generating a combined monthly income of $4,025, with all units leased. Most leases extend through July or August 2026. Updates to the property include a new roof and hot water tanks, both installed in 2018. The property is being sold with the adjacent property known as 20 Park Ave.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Creek
    County
    Oswego
    State
    New York
    Longitude
    -75.9881
    Latitude
    43.6481

    Nearby Similar for Sale

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      Versatile Multifamily Property in Sandy Creek

      Spacious 2-unit residence with income potential and conversion options.
      197 Salisbury St, Sandy Creek, NY 13145
      View Details
    • $149,900

      High Cash Flow Investment Opportunity

      Five-unit property with updates and long-term leases in place.
      20 Park Ave, Sandy Creek, NY 13083
      View Details
    • $199,000

      Three-Unit Apartment Complex in Sandy Creek

      Three-unit apartment complex with income potential in a prime location.
      217 Salisbury St, Sandy Creek, NY 13145
      View Details
    • $1,500,000

      County Route 15 Land Opportunity

      Land available on County Route 15, Sandy Creek, NY.
      3031-35 37 County Rte, Sandy Creek, NY 13142
      View Details

    FAQs

    What type of property is this?
    Apartment building - High cash flowing investment property with updates and long-term leases.
    Where is this apartment building located?
    The property is located at 4 Demott St Sandy Creek, NY.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - High cash flowing investment property with 5 units; - Currently generating $4,025 in monthly income; - Most units have leases in place through July/August 2026
    (315) 682-9500
    Request Owner's contact information
    4 Demott St Sandy Creek, NY 13083
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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
    4 Demott St Sandy Creek, NY 13083
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