For Sale |
5 + Unit Apartments |
29613 State Route 12 , Clayton, NY 13624
$349,900
For Sale |
5 + Unit Apartments |
29613 State Route 12 , Clayton, NY 13624
$349,900
| 1.5 acres |
4,867 sq ft |
8 apts |
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Property Description
8-Unit Apartment Building – Gunns Corners – Fully Leased Eight units, all rented. One-story apartment building at the corner of NYS Route 12 and NYS Route 180 in Clayton, on 1.5 acres with a large open parking lot. Five one-bedrooms, two studios, one three-bedroom. The two most recently turned units were remodeled with new flooring, countertops, and kitchen appliances and both leased this month. Stable long-term tenant base in the rest of the building. Total rent is $6,173/month ($74,076/year) with every unit occupied. 2025 NOI exceeded $51,000, and that was a year with vacancy. 4,867 sq ft, metal roof, vinyl siding, single-story layouts throughout. Nothing to lease up, nothing to fix. In-place income from day one. Private showings by appointment.
Property Summary
| Type | 5 + Unit Apartments | MLS # | S1672658 |
| Stories | 1 | Year Built | 1940 (86 years old) |
| Apartments | 8 | Est. Taxes | $1,976 |
Features
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Other Information |
View Location Map for 29613 State Route 12 , Clayton, NY 13624
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