80 Clinton St Brockport, NY 14420
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Historic Brockport, 4 units, high ROI.
Property size:
6,840 SFProperty Features for 80 Clinton St
General Information
- Property type
- Multifamily properties
- Square Feet
- 6,840 SF
- Lot Size
- 8,276 SF
Building Details
- Year Built
- 1850
- Stories
- 2
- Units
- 4
Listing Agency: Flaum Management Company, Inc. Listing Agent: Justin Merriam
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional multifamily property, located at 40 Clinton Street in Brockport, NY, presents a unique investment opportunity. The 6,840 square foot building, constructed in 1850 and renovated in 2021, sits on a 0.19-acre lot overlooking the Erie Canal. The property comprises four units: two commercial units currently leased month-to-month, offering flexibility for new ownership, and two modern residential units with stable tenants, ensuring immediate income. A recently added (2023) second-floor gym enhances tenant satisfaction and property value. An adjacent parking lot provides ample parking. The asking price is $499,000, representing a price per unit of $124,750 and a price per square foot of $72.95. The property boasts a strong NOI of $57,631, resulting in an attractive 11.55% cap rate. Situated in the charming village of Brockport, this property offers easy access to local amenities and the vibrant canal-side community. This is a rare chance to acquire a mixed-use, income-generating property with significant upside potential in a desirable location. The two-story building offers a beautiful patio overlooking the canal, enhancing its appeal and potential rental income. This is an owner/user investment opportunity with immediate cash flow and long-term growth prospects.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- Map
- Local Demand
- City
- Brockport
- County
- Monroe
- State
- New York
- Longitude
- -77.9404578
- Latitude
- 43.2165657
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FAQs
What type of property is this?
Multifamily property - Historic Brockport, 4 units, high ROI.
Where is this multifamily property located?
The property is located at 80 Clinton St Brockport, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity in Brockport, NY.; 6,840 sq ft building on a 0.19-acre lot overlooking the Erie Canal.; Four units: two commercial (month-to-month leases), two residential (stable tenants).
