Last Sold Price
4 beds3,800 sqft$58/sqft
6969 State Route 20, Madison, NY 13402

Description

Welcome to an exceptional multi-use residential property offering a unique blend of investment, residential and entrepreneurial possibilities. Two meticulously updated apartments and a spacious showroom, creating an ideal opportunity for an owner occupied storefront, restaurant, or office. You will be wowed by both of these 2 BR apartments and experience the charm of beautiful wood floors, complemented by updated kitchens and baths. Large living space, for relaxation or entertaining & breathtaking...Welcome to an exceptional multi-use residential property offering a unique blend of investment, residential and entrepreneurial possibilities. Two meticulously updated apartments and a spacious showroom, creating an ideal opportunity for an owner occupied storefront, restaurant, or office. You will be wowed by both of these 2 BR apartments and experience the charm of beautiful wood floors, complemented by updated kitchens and baths. Large living space, for relaxation or entertaining & breathtaking views of the surrounding countryside, creating a serene and picturesque backdrop for everyday life. The commercial space awaits your entrepreneurial vision. Operate with almost no overhead with the income from the residential rentals, fully occupied! The strategic location of this property ensures visibility and high traffic, making it an excellent choice for business endeavors. Consider the financial advantage of leveraging residential income to cover your business and start-up costs. Whether you're an aspiring entrepreneur or looking to expand your existing enterprise, this multi-use property offers a unique blend of residential comfort and business potential.
LISTING CLOSED: 03/29/2024 12:00 AM

  1. Listed by Joseph A. McHarris • Coldwell Banker Sexton Real Estate
    P: (315)-853-3535 C: (315)-794-2075 mcharrisj1@gmail.com

Property Details for 6969 State Route 20

Status
MLS #
S1511993
Days on Market
49
Taxes
$2,938 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Residential / Mixed Use
Year Built
1970
Lot Size
0.83 AC / 36,155 SF
Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Gravel, Parking Available
Nearest Cross Street
Route 12B

Location

Listing Courtesy of Coldwell Banker Sexton Real Estate

Sold By Noyes Real Estate

Add your commute

Building Information for 6969 State Route 20

Stories2Residences3Year Built1970Building Size-Lot Size0.83 AC / 36,155 SF

Payment Calculator

$1,363 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$245

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6969 State Route 20

Summary
Location and General Information
  • Elementary School District: Madison
  • High School District: Madison
  • Middle Or Junior School District: Madison
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Madison-254089
  • Tax Annual Amount: $2,938.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3800.0
  • Land Features: Agricultural
  • Num Of Acres: 0.83
  • Lot Size Area: 0.83
  • Lot Size Square Feet: 36155.0
  • Lot Size Units: Acres
  • Parcel Number: 254089-114-000-0001-050-000-0000
  • Lot Number: 50
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $65,000
  • Year Built: 1970
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 0
  • Sewer Description: Septic Tank
  • Water Supply: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Exterior Features: Propane Tank Leased
  • Foundation Description: Block, Stone
  • Roof Description: Asphalt, Membrane, Rubber
  • Type Of Building: Mixed
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies, Vinyl
  • Heating: Propane, Other, See Remarks, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3800.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $26,400.00
  • Net Operating Income: $16,061.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Operating Expenses: $7,401.00
  • Operating Expense Includes: Electric, Fuel, Snow Removal, Utilities
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Features: Dishwasher,Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,100.00
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1100
Unit 2
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Dishwasher,Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,100.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1100
Rental
Rental Information
  • Rent Includes: All Utilities

Property History for 6969 State Route 20

DateEvent & SourcePriceAppreciation
Mar 29, 2024

Sold

WNYREIS #S1511993

$220,000
Mar 29, 2024

Sold

New York State Alliance of MLSs (Buffalo) #S1511993

$220,000
Jan 18, 2024

Pending

WNYREIS #S1511993

DateEvent & SourcePrice
03/29/2024

Sold

WNYREIS #S1511993

$220,000
03/29/2024

Sold

New York State Alliance of MLSs (Buffalo) #S1511993

$220,000
01/18/2024

Pending

WNYREIS #S1511993

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 6969 State Route 20

This home is within Madison Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Madison Central School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 6969 State Route 20, Madison, NY 13402
$220,000
4
3,800
36,155
8,712
$45,000
4
1,797
15,682
48,787
$31,500
4
26,136
$60,000
2,902
14,810

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Sexton Real Estate

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.