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    6598 State Highway 12 Norwich, NY 13815

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    For Sale
    $125,000

    Multifamily property with commercial garage and 13 acres.

    Lot size:
    13.22 Acres

    Property Features for 6598 State Highway 12

    General Information

    Lot size
    13.22 Acres

    Building Details

    Year built
    1900

    Source: Howard Hanna Agent Courtney V. Burrell

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

    Overview

    Multifamily with Commercial Garage on Acres

    This property features three apartments, each with two bedrooms, and a commercial garage measuring 11x71. Two of the apartment units include washer and dryer hookups. The lower unit provides access to a fully enclosed back deck via sliding glass doors. Ample parking is available for tenants and the commercial garage. Situated on a main road with high traffic, the property offers potential for business ventures. The property extends to the river, offering opportunities for fishing, ATV riding, and hunting. It is located approximately 1 hour and 28 minutes (64 miles) from Syracuse International Airport and 6 minutes (3 miles) from a hospital, ER, and helicopter pad, and 1 hour (47 miles) to Vestal Parkway in Binghamton. The property includes over 13 acres.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Building Supply Auto Repair Shop Storage Facility Electronics Store Veterinary Clinic Optical Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    Chenango
    State
    New York
    Longitude
    -75.548568
    Latitude
    42.469117

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    FAQs

    What type of property is this?
    Triplex - Multifamily property with commercial garage and 13 acres.
    Where is this triplex located?
    The property is located at 6598 State Highway 12 Norwich, NY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 13 Acres of Land: Offers significant space and potential.; - Commercial Garage: Provides a dedicated space for business operations.; - Three 2-Bedroom Apartments: Presents immediate rental income potential.
    (607) 316-9131
    Request Owner's contact information
    6598 State Highway 12 Norwich, NY 13815
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    Norwich, NY 13815
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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
    6598 State Highway 12 Norwich, NY 13815
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