Income-producing mixed-use property with significant value-add potential in Georgetown, NY. Formerly known as the Georgetown Inn, this mixed-use building offers multiple income streams and flexible zoning for both residential and commercial use. The property currently features three apartment units, including a fully remodeled 3-bedroom, 1-bath first-floor apartment that is move-in ready and ideal for immediate rental income. Upstairs, a 2-bedroom, 1-bath apartment is currently occupied and will be delivered vacant at closing, providing flexibility for owner occupancy or market-rate leasing. A second 2-bedroom, 2-bath apartment is well underway, with remaining materials included in the sale, offering an opportunity to increase rental income with minimal additional investment. The former bar and commercial space presents another value-add opportunity. Restore it as a business, create office space, or explore conversion to an additional residential unit (subject to approvals). The space already includes multiple rooms, a bathroom, and basement access. With mixed-use zoning, multiple residential units, expansion potential, and the ability to create additional cash flow, this property offers investors, entrepreneurs, and owner-occupants a rare opportunity to build equity while generating income. Bring your vision and unlock the full potential of this landmark property.
Active
- Price
- $ 135,000
- City
- Georgetown
- Bedrooms
- 7
- Full Bathrooms
- 4
- County
- MADISON
- Half Bathrooms
- 0
- Area
- Georgetown
- Lot Size
- 0.31 Acres
- Zip
- 13072
- Sqr Footage
- 5,644
- Year Built
- 1847
- Taxes
- $ 3163
- Style
- Fourplex
- MLS#
- S1674260
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Fayetteville, NY office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 13072
Areas That We Cover
- Albion
- Amboy
- Auburn
- Camden
- Camillus
- Canastota
- Cato
- Cazenovia
- Cicero
- Clay
- Constantia
- Cortland
- Cortlandville
- De Ruyter
- Dewitt
- Dryden
- Eaton
- Elbridge
- Fabius
- Fayetteville
- Fayetteville-Village
- Fenner
- Fleming
- Florence
- Fulton
- Geddes
- Georgetown
- Granby
- Groton
- Hamilton
- Hannibal
- Hastings
- Homer
- Lafayette
- Lebanon
- Lenox
- Lincoln
- Lysander
- MINOA FARMS
- Madison
- Manlius
- Marcellus
- Mexico
- Minoa-Village
- Moravia
- Nelson
- New Albion
- New Haven
- Oneida-Inside
- Oneida-Outside
- Onondaga
- Oswego-City
- Oswego-Town
- Otisco
- Owasco
- Palermo
- Parish
- Pompey
- Preble
- Redfield
- Richfield
- Richland
- Salina
- Sandy Creek
- Schroeppel
- Scriba
- Sennett
- Sherburne
- Sherrill
- Skaneateles
- Smithfield
- Smyrna
- Spafford
- Sterling
- Stockbridge
- Sullivan
- Syracuse
- Throop
- Truxton
- Tully
- Van Buren
- Vernon
- Verona
- Vienna
- Virgil
- Volney
- Watertown-City
- Watertown-Town
- West Monroe
- West Sparta
- Westmoreland
- Wolcott
970 State Route 26 Georgetown, NY is a Single Family Home for sale at $135000 with 5644 sqft and a lot size of 0.31 Acres Acre(s). 970 State Route 26 Georgetown has 7 bedrooms, 4 baths and was built in 1847. The property's zip code is 13072 which is in Georgetown, NY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Marhianna Reaves
315-530-8399
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