272 State St, Carthage, NY 13619

Building Details

Year Built

1896

Listing office r***@howardhanna.com Show Phone

Listing date Mar 10, 2026

Source Elliman

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All listing content including descriptions, pricing, images are the copyrighted material of Robert Morris

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Overview

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.

Suggested Use

Law Firm Building Supply Gym & Fitness Center Real Estate Agency Accounting Firm Restaurant Department Store HVAC Service Hotel & Motel Cafe & Coffee Shop

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

Location Insight

• Map
• Local Demand

City

Carthage

County

Jefferson

State

New York

Longitude

-75.6097

Latitude

43.9775

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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 $699,000.

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.