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632 & 626 State Highway 11C, Winthrop, NY 13697

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For Sale

$565,000

15 beds • 13 baths • 7,632 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $74.03
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Excellent Investment Opportunity Fully Occupied 13-Unit Multifamily on Corner Lot Welcome to this outstanding investment opportunity featuring two multifamily buildings with a total of 13 fully rented units, situated on a corner lo. This well-maintained property offers a strong rental history, consistent income, and a projected capitalization rate of approximately 11% at the current listing price making it a smart, low-risk addition to any investor s portfolio. Recent updates by the current owners include a new rubber roof and new hot water heater at the 626 building, along with renovations to approximately half of the units, enhancing overall tenant satisfaction and reducing maintenance costs. The parking areas have been expanded and upgraded to accommodate tenants and guests with ease. With all units currently rented and improvements already completed, this property presents immediate cash flow and minimal upfront work. Whether you re a seasoned investor or new to multifamily real estate, this turnkey property is an exceptional opportunity in a growing market. Don't miss this chance to add a high-performing asset to your real estate portfolio. Schedule your private showing today! Additional notes: There are 8 electric meters, 6 of the apartments pay their own electric. All other utilities are covered by the building owner.
MLS# 51138

Courtesy Of King Realty NNY

(315) 355-7455

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding, Wood Siding
  • Floor Covering
    Carpet, Carpet - Full, Laminate, Vinyl
  • Roof Type
    Metal

Map and Directions

Directions to 632 & 626 State Highway 11C, Winthrop, NY 13697

Home seller CENTURY 21 Post Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Post Realty

(315) 258-3883
Learn More About Us

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Copyright © 2025 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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