61 State Street, Seneca Falls, NY 13148
Local realty services provided by:CENTURY 21 Bridgeway Realty
61 State Street,Seneca Falls, NY 13148
$219,000
- 4 Beds
- 3 Baths
- 6,000 sq. ft.
- Multi-family
- Active
Listed by: belinda a. fratto
Office: howard hanna
MLS#:R1715294
Source:NY_GENRIS
Price summary
- Price:$219,000
- Price per sq. ft.:$36.5
About this home
Stately 3-unit mixed-use investment property offering over 4,500 sq. ft. of space in a well-known and highly visible building. This property features a large commercial storefront plus two spacious residential apartments, creating an excellent income-producing opportunity.
The first-floor storefront offers a generous amount of commercial space and was remodeled in 2023 with new LVP flooring, fresh paint, updated lighting, and an updated kitchen area. Beautiful stained-glass windows add character, while a bathroom and additional storage room provide functionality. The space is currently occupied by established business tenants on a month-to-month lease, with a rent increase anticipated soon.
The second floor offers two spacious 2-bedroom apartments, both currently occupied by month-to-month tenants. All tenants are current with their rent and utilities. Residential tenants pay their own electric, while the seller currently pays heat and water. Each of the three units has its own hot water tank.
Updates include a boiler system installed in 2020, along with a new front porch featuring composite decking and attractive new railings, adding tremendous curb appeal. Even during the coldest winter months, the seller reports the highest heating bill has been approximately $400 per month & tenants pay water. TOTAL INCOME IS $3050 PER MONTH. ALL TENANTS PAY THEIR OWN WATER, 2 TENANTS PAY THEIR OWN ELECTRIC, OWNER PAYS ALL HEAT (GAS) FOR APPROX. $400 PER MONTH & COMMERICIAL SPACE ELECTRIC IS APPROX. $140/MONTH.
Current rents offer room for upward adjustment, providing additional income potential while maintaining a strong existing tenant base. Plenty of parking adds even more value.
Conveniently located within walking distance to downtown, schools, banking, shopping, and other amenities, with Cayuga Lake, the dog park, and del Lago Resort & Casino just a short drive away.
A solid mixed-use investment with established tenants, over 4,500 sq. ft., commercial and residential income, and future rent-growth potential. Motivated Seller!...
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Home facts
- Year built:1900
- Listing ID #:R1715294
- Added:43 day(s) ago
- Updated:October 31, 2026 at 08:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Hardwood, Laminate, Varies
- Basement:Yes
- Basement Description:Full
- Living area:6,000 sq. ft.
Heating and cooling
- Cooling:Zoned
- Heating:Baseboard, Gas, Zoned
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1900
- Building area:6,000 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Corner Lot, Rectangular, Residential Lot
- Architectural Style:Triplex
- Construction Materials:Brick, Copper Plumbing
- Exterior Features:Deck, Open, Porch
- Foundation Description:Stone
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$219,000
- Price per sq. ft.:$36.5
- Tax amount:$5,567
Features and amenities
- Amenities:Deck, Storage
Parking
- Parking description:Paved
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