Active

63-65 South Street

Auburn NY, 13021

$3,900,000


$74.81 per sqft

Active

52,133 sqft

Commercial

Built in 1913

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.

S1548580

MLS ID

June 27, 2024

Listed

November 22, 2024

Updated

Map

63-65 South Street
Auburn NY, 13021

Interior Features

Total Stories

3


Floor Description

Carpet, Hardwood, Linoleum, Varies, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Baseboard, Forced Air, Hot Water

Exterior/Building Features

Lot Size

2.1 Acres


Lot Features

Rectangular


Roof

Asphalt, Flat, Membrane, Rubber, Shingle


Sewer

Public Sewer

School Information

School District

Auburn

Other Property Details

Area Name

Auburn-050100


Taxes

$65,209


Tax Frequency

Annually


Days on Market

71


Garage

No


Parking

On Site, Surfaced


Parking Total

40


View

No


County

Cayuga


Municipality

Not Applicable


Water Source

Public


Pool

No


Zoning

SC

Listing History

Date

Event

Price

9/6/2024

Price change

$3,900,000

-14%

 

Courtesy of Century 21 Post Realty, Todd Post

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Eric Whitlock, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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