Address
65 Franklin Street, Auburn, NY
Price
$ 399,900
Property Attributes
  • MLS#R1523545
  • TypeCommercial
  • CountyCAYUGA
  • CityAuburn
  • AreaAuburn
  • Zip13021
  • StyleApartment
  • Year Built1960
  • Taxes$ 5954
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10300
  • Lot Size3,485 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

CALLING ALL INVESTORS/OWNER/OPERATORS! The numbers just make sense on this one. 65 Franklin St. (R1523545) and 67 Franklin St. (R1523546) are being offered as a package! Over 19,000 cars travel this section of the E/W Arterial every day! INCREDIBLE EXPOSURE! Separate utilities on all units make it easy to keep track of each unit, and 65 Franklin boasts 2 commercial spaces on the first floor, with their own entrance, bathrooms, and utilities. The first floor has been updated, and is ready for your business/new tenant. Whether you lease it out, put your business there and let the tenants pay the mortgage, it’s up to you! Plenty of short-term street parking available. There are 5 apartments above, that provide steady income, and are fully occupied. Many of the apartments have had light renovations, as well as the common areas. 67 Franklin is a 1,720 sq. Ft. Space that brings in $1,800 a month (Lease is until 2026, with option to renew). This space had been remodeled, complete with a newer roof. There's a large freestanding sign frame on the arterial side, for advertising (buyer needs to perform due diligence with the city). There is a ton of upside on this property. Run the numbers!

Price History
3/1/2024 Listed $399,900

General Features

Sewer PublicSewer
Heating Electric,Gas,Baseboard,ForcedAir,WallFurnace
Utilities SewerConnected
Possession CloseOfEscrow
Roof Membrane,Other,Rubber,SeeRemarks
Zoning COM 1
Construction Materials Brick,Block
Year Built 1960
Stories 3
Township Not Applicable
Property SubType Apartment
County Cayuga
Property Type CommercialSale
Status Active
Directions Coming into Auburn on Arterial East,take a right onto Seymour St.,then a right onto Franklin St.
City Auburn
High School District Auburn
Zoning Description Commercial
MLS Area Auburn-050100
Lot Size Square Feet 3485.0
Waterfront Y/N No
Street Name Franklin
Year Built Details Existing
Tax Annual Amount 5954.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 42
Standard Status Active
Middle/Junior School District Auburn
Elementary School District Auburn
Tax Assessed Value 160200
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 39
Property Sub Type Additional Apartment,MixedUse,Commercial,Other

Interior Features

Basement Full
Flooring Linoleum,Vinyl
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features OnSite,Other,SeeRemarks
Total Parking 2.0
Inclusions Land and Building
Lot Size Area 0.08
Number of Buildings 1
Building Area Total 10300.0
Lot Dimensions 44X54
Lot Size Acres 0.08
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13021

Price
AVG $640K
$400K
Taxes
AVG $9,834
$5,954
Visits
AVG 71
58
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1960

Areas We Cover

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