63-65 South Street Auburn, NY $ 3,900,000
63-65 South Street
$ 3,900,000
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63-65 South Street

Auburn, NY, 13021
$ 3,900,000
Baths0.0 Sq 52,133

Monthly Estimate*

$ 23,357

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Studio

Commercial Property for sale in Auburn, NY

for $3,900,000. This 52,133 square foot building was built in 1913 on a lot size of 2.

Rare opportunity to own the historic Kings and Queens Court, a one-of-a-kind 60-unit property in beautiful Auburn, NY. The two landmark buildings feature meticulously restored units with a portion of utilities paid by tenants, coin operated laundry, ample parking, and garage storage for additional revenue. With its close proximity to downtown Auburn, Owasco Lake, and numerous major employers, this property is highly sought-after by renters in the area. Currently fully occupied and with a strong rental history, this investment offers excellent cash flow in a stable rental market, making it an ideal investment for discerning buyers seeking both historical significance and steady returns.

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Commercial Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 65,209

Style

Apartment

Lot Size

2

Year Built

1913

Town/City

Auburn

County/Region

Cayuga

MLS | Web ID

S1548580

Features
General
Sewer PublicSewer
Heating Gas Baseboard ForcedAir HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Flat Membrane Rubber Shingle
Zoning SC
School District Auburn
Year Built 1913
Stories 3
Township Not Applicable
Property SubType Apartment
County Cayuga
Property Type CommercialSale
Possible Use Residential
Building Features Elevators
Status Active
Directions From Auburn take South St. Property is on the right just after William St. No sign on property.
City Auburn
High School District Auburn
Zoning Description Commercial
NumberOfUnitsTotal 0
MLS Area Auburn-050100
Lot Size Units Acres
Lot Size Square Feet 91385.0
Waterfront Y/N No
Year Built Details Existing
Tax Annual Amount 65209.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1548580 https://www.propertypanorama.com/instaview-tour/syr/S1548580
Days on Market 71
Standard Status Active
Middle/Junior School District Auburn
Elementary School District Auburn
Tax Assessed Value 1862700
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 23
Property Sub Type Additional Apartment
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Interior
Basement Full
Flooring Carpet Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite Surfaced
Lot Features Rectangular
Water Source Public
Total Parking 40.0
Inclusions Land and Building
Lot Size Area 2.0
Number of Buildings 2
Building Area Total 52133.0
Lot Dimensions 245X373
Lot Size Acres 2.0
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Internal Only
Street Number 1 63
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* Excluded Features
List By
Century 21 Post Realty

Broker

(315) 258-3883

Phone

Affordability Calculator

$28,791
Per Month
81%
19%
0%
Monthly Principal & Interest
$23,357
Monthly Property Taxes
$5,434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
3040254 Elementary School
3038326 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/6/2024$3,900,000 -13.33% Price Down
6/27/2024$4,500,000 Listed Price

Map


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63-65 South Street, Auburn, NY, 13021 is a Commercial Property for sale at $3,900,000 with 52,133 sqft and a lot size of 2. 63-65 South Street is a studio with 0.0 baths and was built in 1913. The property's zip code is 13021 which is in Auburn, NY