9861 State Rte 12 Copenhagen, NY 13626
- Investment properties
- 6,552 SF
- 0.19 lot acres
Current Use by Public Records
- Investment properties
Property Details for 9861 State Rte 12
- Year built
- 1970
- Lot size
- 0.19 lot acres
- Property size
- 6,552 SF
- Zone code
- 07 - MIXED
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 232203 123.15-05-09.100
- APU
- 232203123150509100
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Copenhagen
- County
- Lewis
- State
- New York
- Longitude
- -75.6737
- Latitude
- 43.8931