1310 Bleecker St Utica, NY 13501

Property Details for 1310 Bleecker St

Year built

1940

Lot size

0.07 lot acres

Property size

8,296 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents itself in the form of a six-unit multifamily property located at 1310 Bleecker Street in Utica, New York. The building encompasses a substantial 8,296 square feet and sits on a 0.07-acre lot. Currently vacant, the property requires significant rehabilitation and is being sold strictly "as is." Each of the six apartments features three bedrooms, offering considerable rental income potential upon completion of renovations. Limited on-site parking is available at the rear of the building. A key advantage is that all utilities are separately metered, except for water, simplifying tenant billing and management. This property is ideally suited for an investor with experience in value-add projects and a vision for transforming this building into a profitable rental asset. Given the substantial size and the number of units, the potential return on investment is significant. The asking price is $149,000, and cash offers are strongly preferred. This presents a rare chance to acquire a large multifamily property in Utica at a compelling price point. The property's location offers easy access to local amenities and transportation routes. Serious inquiries only. Act quickly, as this opportunity is unlikely to last.