Business for Sale in Fayetteville, NY

  • Price: $900K
  • Listing type: For sale
  • Asset type: Business
  • Location: Fayetteville, NY 13066
  • Size: 6,957 SF

Description

Offered as a package for both 311 & 313 East Genesee Street, Fayetteville - location, location, location for this 6 unit residential package in the Fayetteville-Manlius school district. Within the Village of Fayetteville and walking distance to shopping and restaurants, coffee and fitness.311 East Genesee St, Fayetteville - 3 Units - fully leased2024 Taxes village(2025): $1939.74 school: $6044.54 town: $2787.18Total Elec. $275OCWA $350Tenants pay own utilities - owner pays common areas electric and all OCWAAll units rented to long term tenants, all tenants word of mouth and current on all rent.Exterior painted 2024Roof in good conditionHeating systems/hot water heaters replaced <10 years " each unit has its ownShared private parking with 313 in the rearFM schools, historic districtUnit 1 $1500 Entire 1st floor. 4 entrances (2 private). 2 car attached garage. All wood floors, has character. Eat-in kitchen, appliances good, Living room, multiple closets, laundry room, 2 full baths, 2-3 bedrooms, office, large sun porch.Unit 2 $1050 2nd floor, 2 entrances (1 private). Many new windows. Open kitchen/dining/living, laundry room, 3 medium size bedrooms, 1 full bath with double sinks. Hardwoods throughout.Unit 3 $725 2nd floor, shared front entrance. Small kitchen, living room, bedroom, full bath. Hardwoods throughout.313 East Genesee st, Fayetteville - 3 units - fully leased2024 Taxes village(2025): $2214.96 school: $6902.17 town: $3040.01Total Heat & Elec. $1200OCWA $275Tenants pay own utilities - owner pays common areas elec. and all OCWAAll units rented to long term tenants, all pay rent on time. Rents could be higher...Exterior of building painted 2024Roof in good conditionHeating systems/hot water heaters replaced <7 years " each unit has its ownShared private parking with 311 in the rearFM schools, Historic DistrictUnit 1 $1600 + $75 month for heat. Downstairs front, private entrance.Totally renovated very tastefully in 2023-24. All wood floors, mostly new windows. Many interesting features incl. exposed beams and exposed brick stand alone fireplace(not in use), leaded glass windows. 2 br, 2 full baths, office, "great" room, cathedral ceiling kitchen, new appliances, in apt. laundry.Unit 2 $1250 2nd floor front. Renovated <7 years. All wood floors, interesting built ins, features. Laundry on same floor. Private entrance. 2 bedrooms, one full bath, kitchen, dining room, livingroom, office. Appliances <5 years. Hardwoods throughout.Unit 3 $825 back unit, 2 floors, private entrance. Renovated >15 years ago. All wood floors, 2 small bedrooms upstairs; living/dining space, kitchen, bathroom(shower only) downstairs. Has access to shared washer and dryer on 2nd floor.

Market Context

This multi-unit in Fayetteville, NY is listed for sale at $900,000 across 6,957 SF ($129/SF). It has been on the market for 206 days. Compare it against other multi-unit listings for sale in Fayetteville, NY — <a href="/search/sale/multi-unit/new-york/fayetteville">view the full market</a>.

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