Address
112 East South Street, Groton, NY
Price
$ 560,000
Property Attributes
  • MLS#R1532157
  • TypeCommercial
  • CountyTOMPKINS
  • CityGroton
  • AreaGroton-Village
  • Zip13073
  • Style
  • Year Built1918
  • Taxes$ 11093
  • Price$ 560,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4797
  • Lot Size0.314692 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

5 spacious apartments with 2 knock your socks off suites. Incredibly well run apartment with full remodel when this owner purchased and then sprinkler system added 10 years ago. Property has three 3-bedroom units and two 2-bedroom units. Ample parking close to downtown Groton. Tenants can walk to restaurants, bakery, bank, coffee, stores. 5-unit building-when current 5th unit is rented (currently being remodeled) rent is expected to be $88,000 gross.

Elementary School Middle School High School
Groton Elementary Groton Middle Groton High
Price History
4/17/2024 Listed $560,000

General Features

Interior Features BedroomonMainLevel,ProgrammableThermostat
Sewer Connected
Heating Zoned,Baseboard,Electric
Cooling Zoned
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances Dishwasher,ExhaustFan,ElectricWaterHeater,GasOven,GasRange,Refrigerator,RangeHood,Washer
Exterior Features Deck,GravelDriveway
Garage Spaces 0.0
Patio/Porch Features Deck
Construction Materials VinylSiding
Year Built 1918
Electric CircuitBreakers
Stories 2
Township Groton-Village
Levels Two
Property SubType Other
Accessibility AccessibleBedroom,AccessibleDoors
County Tompkins
Net Operating Income 61947.0
Property Type CommercialSale
Energy Efficient Appliances,Windows
Garage Y/N No
Rent Includes CommonAreaMaintenance,SnowRemoval,TrashCollection,Water
Status Active
Directions State Route 38 (W. South Street) to the village of Groton. Straight at 4-way intersection to E. South St. Property is on the right.
High School Groton High
City Groton
High School District Groton
Total Units 5
MLS Area Groton-Village-502801
Lot Size Square Feet 13708.0
Waterfront Y/N No
Street Name East South
Elementary School Groton Elementary
Year Built Details Existing
Tax Annual Amount 11093.0
Middle/Junior High School Groton Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Groton
Elementary School District Groton
Tax Assessed Value 300000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Other

Interior Features

Basement Partial,PartiallyFinished
Flooring Carpet,Laminate,Varies,Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Total Bedrooms 5

Exterior Features

Parking Features OneSpace,NoGarage,SharedDriveway
Lot Features NearPublicTransit,Rectangular,ResidentialLot
Water Source Connected,Public
Lot Size Area 0.3147
Building Area Total 4797.0
Lot Dimensions 59X230
Lot Size Acres 0.3147
Lot Size Units Acres
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13073

Price
AVG $450K
$560K
Taxes
AVG $8,500
$11,093
Visits
AVG 55
23
Data Provided by Inside Real Estate®
Year Built
AVG 1946
1918

Your Agent

Emma Brennan

Lic R.E. Salesperson

315-563-2907

Listed By
Brian DeYoung with Berkshire Hathaway HomeServices Heritage Realty;

Areas We Cover

Fair Housing Icon NY Fair Housing Notice