25059 Woolworth Street Champion NY 13619 MLS #S1521711

25059 Woolworth Street
Champion, NY, 13619
$850,000
Beds
0 Baths
17,700 SqFt
3.7 Acres
SO MUCH POTENTIAL!!! This property is located one mile from the Ft. Drum airfield. The building has a potential for 18 apartments (4 studios, 7 one bedrooms, and 7 two bedrooms). All permits, building plans, and inventory will come with the sale of the building. The contractor that provided the estimate is available to do the work if you desire. Current heat source are two industrial boilers but plans were to change to electric baseboard heaters in the units paid by the tenants. Once complete, the property will be valued at $1.6 million and you will have instant equity. This is an excellent location for current families or new families coming to the community. Heat and electric will be paid by the tenant. Owner would be responsible for water/sewage, lawn/snow, trash, and property management if desired. This property will make money.

Property Details

Price:
$850,000
MLS #:
S1521711
Status:
Active
Beds:
0
Baths:
0
Address:
25059 Woolworth Street
Type:
Commercial
City:
Champion
Listed Date:
Feb 16, 2024
State:
NY
Finished Sq Ft:
17,700
ZIP:
13619
Lot Size:
4 acres
Year Built:
1950
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25059 Woolworth Street
Champion, NY

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Schools

School District:
Carthage

Interior

Appliances
Gas Water Heater
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Hot Water, Steam

Exterior

Community Features
Other, See Remarks
Construction Materials
Brick, Frame
Exterior Features
Blacktop Driveway, Private Yard, See Remarks
Parking Features
Threeormore Spaces, Driveway
Roof
Flat, Membrane, Rubber

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$-8,883
Taxes
$8,883

Map

Community

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