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Three-Unit Mixed-Use Property
New
For Sale
$229,900

61 State Street, Seneca Falls, NY 13148

Commercial storefront paired with two two-bedroom apartments, all occupied by month-to-month tenants.

Property Size6,000 SF
Price / SF$51.09
Days on Market4

Property Features for 61 State Street

General Information

Standard status Active
Size 6,000 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,567

Amenities

stained-glass windows
new front porch
composite decking
new railings
parking

Building Details

Building Size 6,000 SF
Year Built 1900
Year Renovated 2023
Buildings 1
Tenancy Multi
Listing Agency: Howard Hanna
Listed By: Belinda A. Fratto · License #30FR0894907
Source: Highfallssir
Added: Sep 17 Changed: Sep 19 Last Checked: Sep 20 at 11:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna

Investment Insights

Based on property information with market context.

This mixed-use property contains over 4,500 square feet arranged as one commercial storefront and two residential apartments. The storefront was remodeled in 2023 with LVP flooring, fresh paint, updated lighting, and an updated kitchen area. Stained-glass windows, a bathroom, and a separate storage room add character and utility. Each apartment has two bedrooms, while every unit is equipped with its own hot water tank.

The building dates to 1900 and received a boiler system in 2020. A newer front porch includes composite decking and new railings. The storefront and both apartments are occupied by month-to-month tenants. Residential occupants pay their own electric service; heat and water are currently paid by the seller. The property includes plenty of parking and is within walking distance of downtown, schools, banking, shopping, and other amenities. Cayuga Lake, a dog park, and del Lago Resort & Casino are a short drive away.

Key Highlights

  • Three‑unit layout with one commercial storefront and two 2‑bedroom apartments
  • Over 4,500 sq. ft. of mixed‑use space
  • Storefront remodeled in 2023 with new LVP flooring, paint, lighting, and kitchen updates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Nail Salon Auto Repair Shop HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 13148, NY

10,541
Population
5,565
Households
1.9
Avg Household Size
42
Median Age
26%
College-Educated
85%
High-School Grad
62.3 sq mi
ZIP Area
169
Density / Sq Mi
$58,971
Median Household Income
$41,743
Median Earnings
$910
Median Rent
$129,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial storefront paired with two two-bedroom apartments, all occupied by month-to-month tenants.
Where is this mixed-use property located?
The property is located at 61 State Street Seneca Falls, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Three‑unit layout with one commercial storefront and two 2‑bedroom apartments; Over 4,500 sq. ft. of mixed‑use space; Storefront remodeled in 2023 with new LVP flooring, paint, lighting, and kitchen updates
More about this property
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