271 Orvis StMassena, NY 13662

For Sale
$250,000

Four-unit building with commercial space. Excellent rental income potential.

Overview

Added:
Feb 3
Days on market:
38
This exceptional investment property located at 271 E Orvis St, Massena, NY, presents a unique opportunity for savvy investors. The 6,868 square foot building boasts four separate income-generating units. Three apartments are situated upstairs, conveniently complemented by a coin-operated laundry area for added revenue. The ground floor currently houses a print shop business operating under a lease agreement, providing immediate and consistent rental income. In addition to the existing tenant, the ground floor also offers ample commercial space, previously occupied by a carpet and flooring business, presenting versatile options for a new owner. This could be utilized to expand an existing business, start a new venture, or simply continue leasing the space for additional income. The property sits on a lot with no acreage specified. The asking price is $250,000, offering a strong return on investment given the existing rental income streams and the potential for further development or lease agreements. This is a rare chance to acquire a multi-faceted property with established income and significant upside potential in a thriving Massena, NY location. The property's diverse income streams provide a stable foundation for a secure and profitable investment.

Property Details for 271 Orvis St

Property type
Residential income properties, Multifamily properties
Square Feet
6,868 SF
Year Built
1960

Location Insight

City
Massena
County
St. Lawrence
State
New York
Latitude
44.93254
Longitude
-74.87671
271 Orvis St, Massena, New York

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271 Orvis St
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