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    65 Franklin St Auburn, NY 13021-2118

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    65 Franklin St Auburn, NY 13021-2118


    • Investment properties
    • 7,725 SF
    • 0.08 lot acres
    Off-Market
    Property ID
    US63-0104106
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Investment properties

    Property Details for 65 Franklin St

    Year built
    1925
    Lot size
    0.08 lot acres
    Property size
    7,725 SF
    Zone code
    NC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    050100 116.31-1-39
    APU
    5010011631139

    Description

    This exceptional investment opportunity encompasses two properties at 65 and 67 Franklin Street in Auburn, NY, totaling 10,300 square feet on a 0.08-acre lot. The package includes a 10-unit multifamily building (65 Franklin St.) and a separately leased commercial space (67 Franklin St.). The main building, 65 Franklin Street, features five apartments, all currently occupied, generating consistent rental income. Many apartments and common areas have undergone recent light renovations. A significant advantage is the separate utility metering for each apartment, simplifying management and cost tracking. Furthermore, 65 Franklin Street boasts over 2,500 square feet of ground-floor commercial space, divisible into two separate units, each with its own entrance, bathroom, and utilities. This presents a versatile opportunity for owner-occupancy, leasing to multiple tenants, or establishing a business. Ample street parking is available nearby. The second property, 67 Franklin Street, is a 1,720-square-foot commercial space currently leased for $1,000 per month. This space has been recently remodeled and features a newer roof. The combined properties offer a compelling investment prospect with a blend of residential and commercial income streams, providing significant potential for return on investment. The asking price for this entire package is $374,900.


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    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.5567
    Latitude
    42.9369
    CBSA code
    12180
    CBSA name
    AUBURN, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $910
    $19,200
    $141,000
    $160,200
    -
    $20,000
    $146,875
    $166,875
    More about this property
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