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    2329 Bacon Rd, Unit 3 McGraw, NY 13101

    For Sale
    $250,000

    Four-unit multifamily property with strong rental income potential.

    Lot size:
    0.83 Acres

    Property Features for 2329 Bacon Rd

    General Information

    Lot size
    0.83 Acres

    Building Details

    Year built
    1880

    Source: Hage Real Estate Agent Tara Wetherell

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

    Overview

    Four-Unit Multifamily Home Near I-81

    This four-unit multifamily home is located just outside of Cortland and close to I-81. The property features a large four-bedroom unit with a deck on the first floor, two two-bedroom apartments on the second floor, and a studio apartment also on the first floor. Recent updates include new bathroom flooring in all units. The property also offers a private yard and an additional storage shed. It will be delivered vacant at closing, making it an option for an owner-occupant or as an investment property with rental income potential.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Grocery Store Bar & Pub Convenience Store Car Rental Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    McGraw
    County
    Cortland
    State
    New York
    Longitude
    -76.127371
    Latitude
    42.584158

    Nearby Similar for Sale

    • $129,000
      3,535 SF

      McGraw Village Triplex Investment Opportunity

      Three-unit property in McGraw, NY, with separate utilities and updates.
      25 North St, McGraw, NY 13101
      View Details
    • $95,999
      1,372 SF

      Fully Rented Two-Family Unit

      Two-unit property in a quiet setting, ideal for owner-occupancy.
      26 W Center St, McGraw, NY 13101
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with strong rental income potential.
    Where is this quadplex located?
    The property is located at 2329 Bacon Rd, Unit 3 McGraw, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Delivered vacant at closing, **ideal for owner-occupant or investor.**; - **Strong rental income potential** due to multi-unit structure.; - Convenient location just outside Cortland and close to I-81.
    (704) 241-8799
    Request Owner's contact information
    2329 Bacon Rd, Unit 3 McGraw, NY 13101
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    McGraw, NY 13101
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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
    2329 Bacon Rd, Unit 3 McGraw, NY 13101
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