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    3797 Canal Rd Rd Canastota, NY 13032

    For Sale
    $112,900

    Two-unit multifamily property on a large 1.9-acre lot.

    Lot size:
    1.59 Acres

    Property Features for 3797 Canal Rd Rd

    General Information

    Lot size
    1.59 Acres

    Building Details

    Year built
    1951

    Source: Dick Stanton Real Estate Agent Richard Stanton

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

    Overview

    Canastota Multifamily Investment Opportunity

    This property in Canastota, NY, presents an investment opportunity with two apartments. The total square footage is 1,500, according to county records. The property is situated on a large 1.9-acre lot, as per county records, offering room to grow. Apartment #2, on the right facing, is currently occupied and requires 24-hour notice for showings. Apartment #1, on the left facing, is vacant and accessible via a combination lockbox. The property is being sold in As-is condition. If a survey is required, the buyer is responsible for the cost.
    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

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Canastota
    County
    Madison
    State
    New York
    Longitude
    -75.7643
    Latitude
    43.0803

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    FAQs

    What type of property is this?
    Duplex - Two-unit multifamily property on a large 1.9-acre lot.
    Where is this duplex located?
    The property is located at 3797 Canal Rd Rd Canastota, NY.
    What is the asking price?
    The asking price for this property is $112,900.
    What are key features of this property?
    This property features: - Investment opportunity: Two apartments on one property.; - Large 1.9-acre lot.; - Vacant apartment (#1) available for immediate viewing with combination lockbox.
    (315) 829-2900
    Request Owner's contact information
    3797 Canal Rd Rd Canastota, NY 13032
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    Canastota, NY 13032
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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
    3797 Canal Rd Rd Canastota, NY 13032
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