65 Franklin Street

Auburn, NY 13021

$399,900
Price
Beds
10,300 Sq. Ft.
$39 / Sq. Ft.
10,300
Sq. Ft.
$39
per Sq. Ft.

Description

Calling all investors/owner/operators! The numbers just make sense on this one. 65 Franklin St. (R1523545) and 67 Franklin St. (R1523546) are being offered as a package! Over 19,000 cars travel this section of the E/W Arterial every day! Incredible exposure! Separate utilities on all units make it easy to keep track of each unit, and 65 Franklin boasts 2 commercial spaces on the first floor, with their own entrance, bathrooms, and utilities. The first floor has been updated, and is ready for your...Calling all investors/owner/operators! The numbers just make sense on this one. 65 Franklin St. (R1523545) and 67 Franklin St. (R1523546) are being offered as a package! Over 19,000 cars travel this section of the E/W Arterial every day! Incredible exposure! Separate utilities on all units make it easy to keep track of each unit, and 65 Franklin boasts 2 commercial spaces on the first floor, with their own entrance, bathrooms, and utilities. The first floor has been updated, and is ready for your business/new tenant. Whether you lease it out, put your business there and let the tenants pay the mortgage, it’s up to you! Plenty of short-term street parking available. There are 5 apartments above, that provide steady income, and are fully occupied. Many of the apartments have had light renovations, as well as the common areas. 67 Franklin is a 1,720 sq. Ft. Space that brings in $1,800 a month (Lease is until 2026, with option to renew). This space had been remodeled, complete with a newer roof. There's a large freestanding sign frame on the arterial side, for advertising (buyer needs to perform due diligence with the city). There is a ton of upside on this property. Run the numbers!
  1. Listed by Michael L. Hardesty • Lake Homes Realty LLC
    P: 866-525-3466 C: 315-532-0793 mhardes24@gmail.com

Property Details for 65 Franklin Street

On Waterfront
No
Parking Description
On Site, Other, See Remarks
Zoning Code
COM 1
Nearest Cross Street
N Fulton St

Location

Listing Courtesy of Lake Homes Realty LLC
Add your commute
LISTING UPDATED: 04/12/2024 10:00 AM

Property Details for 65 Franklin Street

StatusActive
MLS #R1523545
Days on Market62
Taxes$5,954 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1960
Lot Size0.08 AC / 3,485 SF
CountyCayuga County

Location

Listing Courtesy of Lake Homes Realty LLC
Add your commute

Building Information for 65 Franklin Street

Stories3Residences-Year Built1960Lot Size0.08 AC / 3,485 SF

Payment Calculator

$2,679 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,182

Property Taxes

$496

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 65 Franklin Street

Summary
Location and General Information
  • Elementary School District: Auburn
  • High School District: Auburn
  • Middle Or Junior School District: Auburn
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 2.00
Taxes and HOA Information
  • Area NYSWIS Code: Auburn-050100
  • Tax Annual Amount: $5,954.00
Property
Lot Information
  • Building Area Total: 10300.0
  • Num Of Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Square Feet: 3485.0
  • Lot Size Units: Acres
  • Num Of Buildings: 1
  • Parcel Number: 050100-116-031-0001-039-000-0000
  • Lot Number: 39
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $160,200
  • Year Built: 1960
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Apartment, Mixed Use, Commercial, Other
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Block
  • Roof Description: Membrane, Other, Rubber, See Remarks
Interior Features
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Linoleum, Vinyl
  • Heating: Electric, Gas, Baseboard, Forced Air, Wall Furnace
  • Heating YN: Yes
  • Sq Ft Total: 10300.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Operating Expense Includes: Other, See Remarks
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 65 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 65 Franklin Street

Taxable ValueLand$19,200Additions$141,000Total$160,200
Tax Record2019$910 ($76 / month)
Home Facts
Total Finished SqFt7,725 SqFtAbove Grade Finished SqFt7,725 SqFtUnfinished Basement SqFt2,575 SqFtStories3Lot Size3,485 SqFtStyleOffice BuildingYear Built1925Year Renovated1980ZoningNCCountyCAYUGAAPN050100 116.31-1-39

Schools near 65 Franklin Street

This home is within Auburn City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Herman Avenue Elementary School
PublicK to 6

Auburn Junior High School
Public7 to 8

Auburn High School
Public9 to 12

Casey Park Elementary School
PublicK to 6

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.

Similar Homes

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65 Franklin Street is for sale in Auburn, NY 13021. This property was listed for sale on March 1, 2024 by Lake Homes Realty LLC, it's currently listed at $399,900. It has been on the market for a total of 62 days and was last sold on February 24, 2006. This listing's school district is Auburn City School District. Nearby schools include Herman Avenue Elementary School, Auburn Junior High School and Auburn High School. 65 Franklin Street is a 0-bed, 0-bath, 10,300 sqft built in 1960.

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Listing Courtesy of Lake Homes Realty LLC

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.