For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

272 State St Carthage, NY 13619

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$975,000

Mixed-use building with commercial and residential units in Carthage.

Lot size:
0.08 Acres

Property Features for 272 State St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.08 Acres

Building Details

Year built
1896

We can help!

Listing Contact
Robert Morris
Source: Elliman

Listing Agent: Robert Morris

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

Learn more


Overview

Mixed-Use Investment Opportunity

This mixed-use property, located in the heart of the Carthage business district, presents a significant investment opportunity. It features a total of 14 units, comprising 10 residential apartments and 4 commercial spaces. The residential units include three 1-bedroom, four 2-bedroom, two 3-bedroom, and one 4-bedroom apartments. The commercial tenants are H&R Block, Morning Ritual, a Cellular Phone Outlet, and Hawk Self Storage, which includes 6 storage units. The property is currently 100% occupied, generating a total gross rental income of $149,613. A coin-operated laundry facility is available for tenants, providing additional income. Tenants are responsible for their electric usage, while water, heat, and trash removal are included in the rent. Tenant parking is provided, along with a two-stall garage that can be rented to tenants. Significant repairs and upgrades have been completed in recent years, potentially reducing near-future maintenance expenses, and creating excellent potential for cash flow and return on investment.
Location Intelligence

Current Use by Public Records

Hawk Self Storage Storage Facility Hawk Rental Properties Apartment Building

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Carthage
County
Jefferson
State
New York
Longitude
-75.6096914
Latitude
43.977508

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with commercial and residential units in Carthage.
Where is this mixed-use property located?
The property is located at 272 State St Carthage, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: - 100% Occupancy: Immediate rental income from 14 units.; - Significant Income: Gross rents of $149,613 annually, plus additional income.; - Mixed-Use Building: Diversified income from commercial and residential units.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message