Property summary
This exceptional investment opportunity in Copenhagen, NY, presents a meticulously maintained, recently renovated property at 9861 State Route 12. Boasting a substantial 9,828 square feet on a 0.19-acre lot, this property offers a unique blend of residential and commercial income streams. The building comprises five spacious apartment units, each designed for comfortable living and featuring modern amenities to attract and retain tenants. The diverse floor plans cater to a wide range of lifestyles and budgets, contributing to high occupancy rates and consistent rental income. Adding to its appeal are two separate commercial spaces available for lease, strategically positioned for high visibility and foot traffic along State Route 12. These spaces are ideally suited for a variety of businesses, offering significant potential for additional revenue generation. The property also includes a convenient garage and ample parking, enhancing its overall appeal to both residents and commercial tenants. Located in Lewis County, this property is eligible for the DRI grant program, providing potential buyers with an opportunity to further enhance the property and increase its value. This turnkey investment offers a compelling combination of stable residential income and high-growth commercial potential, making it an attractive addition to any investment portfolio. The asking price is $450,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Copenhagen, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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