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    OFF-MARKET
    Investment properties

    408 Miller St, Oriskany, NY 13424-5048

    1,360 SF 0.22 ac lot Built 1950
    Individually Owned 23-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1278775
    Property summary
    AI-generated overview

    This exceptional 2,360 square foot commercial property in Oriskany, NY, presents a unique investment opportunity. Situated on a 0.22-acre lot at 408 Miller Street, this property seamlessly blends commercial and residential space, offering unparalleled flexibility. The building's layout allows for a variety of uses, from operating a business from the commercial space while residing in the attached apartment, to generating rental income from the apartment to offset operational costs. The apartment itself boasts a spacious and comfortably sized bedroom filled with natural light, a large living room perfect for entertaining, and a fully modernized kitchen featuring a sizable island ideal for cooking, dining, or casual gatherings. The inclusion of in-unit laundry adds to the convenience. All rooms have been updated with modern finishes and fixtures, ensuring a move-in ready condition. The property is priced at $199,900 and offers significant potential for return on investment, whether through business operations or rental income. This is a rare opportunity to acquire a versatile property in a desirable location. The property is also listed under a separate residential MLS number.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Total area 1,360 SF
    Lot 0.22 ac (9,600 SF)
    Zoning code 01 - NOT ZONED
    APN 307001 276.014-1-9
    UPID US63-1278775
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    AMY A KASPRZYK
    AMY A KASPRZYK
    Zoning & alternative use
    01 - NOT ZONED · Oriskany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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