111 Osborne Street Auburn, NY $ 424,900
111 Osborne Street
$ 424,900
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111 Osborne Street

Auburn, NY, 13021
$ 424,900
Bedrooms7 Baths0.0 Sq 7,396

Monthly Estimate*

$ 2,968

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Commercial Property for sale in Auburn, NY

for $424,900 with 7 bedrooms. This 7,396 square foot building was built in 1990 on a lot size of 0.1466.

ATTENTION INVESTORS: This rare fully Occupied & Stabilized 7-Unit Apartment Building is located in Auburn, NY and is a great investment opportunity! All 7 units are currently leased with separate electric meters to provide immediate and stabilized cash flow. The building has undergone extensive CAPEX renovations resulting in low maintenance costs and retention of several 5+ year tenants. Significant updates include a new roof, modern electrical panels, new PVC plumbing throughout, and new sheetrock/flooring in 5 of the 7 units in 2018. Additional major interior renovations were completed in 2023 including new furnace thermo couplings, valves, and tune-up, plus major renovations in Unit 3 and Unit 7 including modern LVT floors, new interior doors, a fully gutted bathroom, and complete paint out. The property features 8 off-street paved parking spaces, an onsite coin-operated laundry for additional income, and minimal lawn maintenance with only a small curb strip of grass for the entire property. This turnkey property has a current Certificate of Occupancy dated March 2024 and is an excellent opportunity for investors to expand their portfolio

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Commercial Active

Price

$ 424,900

Bedrooms

7

Property Type

Commercial

Taxes

$ 11,019

Style

Commercial

Lot Size

0.1466

Year Built

1990

Town/City

Auburn

County/Region

Cayuga

MLS | Web ID

R1535008

Features
General
Sewer Connected
Heating Gas HotWater
Utilities SewerConnected WaterConnected
Possession Closing SubjectToTenantRights
Roof Asphalt Shingle
Appliances GasOven GasRange GasWaterHeater Refrigerator
Exterior Features Fence GravelDriveway
Garage Spaces 0.0
Construction Materials VinylSiding
Year Built 1990
Electric CircuitBreakers
Stories 3
Township Not Applicable
Property SubType Commercial
Community Features LaundryFacilities
County Cayuga
Property Type CommercialSale
Subdivision Name Survey & Pt Title
Garage Y/N No
Rent Includes Heat Water
Status Active
Directions Lincoln Street to Osborne St. Property on the right next to McLaughlin Glass.
City Auburn
High School District Auburn
Total Units 7
MLS Area Auburn-050100
Lot Size Square Feet 6385.0
Waterfront Y/N No
Street Name Osborne
Year Built Details Existing
Tax Annual Amount 11019.0
Property Condition Resale
Days on Market 1
Standard Status Active
Middle/Junior School District Auburn
Elementary School District Auburn
Tax Assessed Value 315000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 30
Property Sub Type Additional Commercial
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Interior
Basement Full
Flooring Carpet Laminate Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features CommonArea Coinoperated
Total Bedrooms 7
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing Partial
Parking Features ThreeormoreSpaces Driveway NoGarage
Lot Features NearPublicTransit ResidentialLot
Water Source Connected Public
Lot Size Area 0.1466
Building Area Total 7396.0
Lot Dimensions 45X139
Lot Size Acres 0.1466
Lot Size Units Acres
Number of Separate Electric Meters 7
Road Frontage Type CityStreet
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Re/Max Revolution

Broker

(315) 539-3323

Phone

Affordability Calculator

$3,886
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,968
Monthly Property Taxes
$918
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3219553 Elementary School
3218931 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$424,900 Listed Price

Map


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111 Osborne Street, Auburn, NY, 13021 is a Commercial Property for sale at $424,900 with 7,396 sqft and a lot size of 0.1466. 111 Osborne Street has 7 bedrooms, 0.0 baths, and was built in 1990. The property's zip code is 13021 which is in Auburn, NY