112 East South Street Groton, NY $ 560,000
112 East South Street
$ 560,000
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112 East South Street

Groton, NY, 13073
$ 560,000
Bedrooms5 Baths0.0 Sq 4,797

Monthly Estimate*

$ 3,912

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Commercial Property for sale in Groton, NY

for $560,000 with 5 bedrooms. This 4,797 square foot building was built in 1918 on a lot size of 0.314692.

5 spacious apartments with 2 knock your socks off suites. A wonderful creek runs through the backyard (well below the apartments, not in a flood zone) that are perfect for your tenants to picnic by or wade in during the hot summer months. 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. The 3 bedroom units have vent/skylights. 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.

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Commercial Active

Price

$ 560,000

Bedrooms

5

Property Type

Commercial

Taxes

$ 11,093

Style

Lot Size

0.314692

Year Built

1918

Town/City

Groton

County/Region

Tompkins

MLS | Web ID

R1532157

Features
General
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
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Interior
Basement Partial PartiallyFinished
Flooring Carpet Laminate Varies Vinyl
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 0
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Exterior
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
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Internal Only
Street Number 1 112
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* Excluded Features
List By
Berkshire Hathaway Homeservices Heritage Realty

Broker

(607) 275-1234

Phone

Affordability Calculator

$4,836
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,912
Monthly Property Taxes
$924
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
4570547 Elementary School
4570523 Middle School
Groton High High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$560,000 Listed Price

Map


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112 East South Street, Groton, NY, 13073 is a Commercial Property for sale at $560,000 with 4,797 sqft and a lot size of 0.314692. 112 East South Street has 5 bedrooms, 0.0 baths, and was built in 1918. The property's zip code is 13073 which is in Groton, NY