Listed by Fairclough Realtors
$424,900
Multiple Buildings + Multifamily + Light Industrial
Details
APN 16-00011-0000-00008
Property Type Multifamily, Industrial
Sub Type Apartment Building, Warehouse
Square Footage 2,997
Net Rentable (SqFt) 2,997
Units 3
Cap Rate 6.60%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 9.43%
Pro-Forma NOI $40,077
Broker Co-Op True
Class C
Year Built 1900
Buildings 2
Stories 2
Lot Size (SqFt) 27,443
Zoning BC - Borough Center
Parking Spaces 12 spaces
Parking per 1,000 SqFt 4.00
Ground Lease No
Ceiling Height 9
Ownership Corporate - Fee Simple
Multifamily + Body Shop / Light Industrial - Investment or Owner-User
Marketing description
100% occupied with flexible lease structure - 2,997 SF net leasable - Two-family residential apartments and 4-bay body shop with office. Large parcel with ample parking. Appraisal in hand. Multiple uses, multiple income streams, maximum flexibility for either investment or owner-user - occupy an apartment, the body shop, or continue to cash flow with all tenants in place.
Investment highlights
- 100% Occupied - Two residential apartments and 4-bay light industrial building with office.
- Duplex: Ground Floor Apartment: Railroad-style 2-bedroom 1 Bathroom. Second floor apartment: 1 Bedroom 1 Bath.
- Property ideally located minutes from Route 23 and Route 15
- Located in the heart of Ogdensburg, a Sussex County borough known for its quiet residential streets and close‑knit community. Main Street in Ogdensburg offers a variety of dining, retail, schools, places of worship and recreation.
Listing Contacts
Listed by Fairclough Realtors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
