Description
Incredible investment opportunity for Owner Operator or Investor!! Brick 3 story 11,000 sq ft mixed use building in the heart of downtown Potsdam consists of 9 apartments plus McDuffs Bar & Grill, a 30+ year business in a quaint college town. 8% Cap Rate. Sale includes building, business, & all equipment (new in 2015-see list)! Apartments are fully occupied on m/m leases, separately metered electric; 2-studio, 6-1 bed, 1-2 bed. Building improvements include rubber membrane roof, all new windows-5 yrs, and new high efficiency boiler in 2022! Centrally located to Clarkson University, SUNY Potsdam, and Canton-Potsdam Hospital. Solid cash flow with upside potential!
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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) nor RE/MAX Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 GENRIS. All rights reserved Updated: 24th March, 2023 9:28 PM (UTC)
