65 Franklin Street, Auburn

$399,900

0 Beds
0 Baths
10,300 Sqft
.08 Acres
0 Garages

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!

Essential Information
MLS® #R1523545
Price$399,900
Bathrooms0.00
Square Footage10,300
Square Footage3485
Acres0.08
Year Built1960
TypeCommercial Sale
Sub-TypeApartment
StatusActive
Community Information
Address65 Franklin Street
AreaAuburn
CityAuburn
CountyCayuga
StateNY
Zip Code13021
Amenities
UtilitiesSewer Connected
Parking Spaces2
ParkingOther, See Remarks, On Site
GaragesOther, See Remarks, On Site
Interior
InteriorLinoleum, Vinyl
# of Stories3
Stories3
Has BasementYes
BasementFull
Heating

Gas, Forced Air, Baseboard, Electric, Wall Furnace

Exterior
ExteriorBrick, Block
ConstructionBrick, Block
Roof

Membrane, Rubber, Other, See Remarks

School Information
DistrictAuburn
Additional Information
ZoningCOM 1
Listing Details
Listing Courtesy of Lake Homes Realty LLC
Office #866-525-3466
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