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ATTENTION ALL INVESTORS - Currently being offered on a 10 CAP with SIGNIFICANT room to increase, this separately metered 11-unit building consists of large studio and one bedroom apartments. Located near the main attractions of downtown Auburn and in walking distance to Cayuga Community College, other major advancements to this fully occupied property include an updated exterior, new electrical throughout, and three newly renovated units, commanding market-rate rents. Whether you're looking to broaden your current portfolio or simply start a new venture, 19 Franklin presents the unique opportunity of both a strong rent roll and the ability to gain instantly; an opportunity surely not be missed!
DAYS ON MARKET | 56 | LAST UPDATED | 2/18/2021 |
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YEAR BUILT | 1960 | COMMUNITY | Auburn |
COUNTY | Cayuga | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
APPLIANCES | Electric Oven, Electric Range, Electric Water Heater, Refrigerator |
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AREA | Auburn |
BASEMENT | Crawl Space |
CONSTRUCTION | Brick |
GARAGE | None |
HEAT | Baseboard, Electric |
LOT | 0.31 acre(s) |
LOT DESCRIPTION | Residential Lot |
LOT DIMENSIONS | 101X131 |
SEWER | Connected |
STORIES | 2 |
TAXES | 4011 |
UTILITIES | Sewer Connected,Water Connected |
WATER | Connected,Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with FLR Partners, LLC
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