65 Franklin Street Auburn NY 13021 MLS #R1595396

CALLING ALL INVESTORS! 65 Franklin St. (R1595396) and 67 Franklin St. (R1523546) are being offered as a package! Plenty of short-term street parking available. All spaces are currently leased. There are 5 apartments above the commercial spaces and are fully occupied. There are 2-1-bed, 2-2 bed, and 1-3 bed apartments. Many of the apartments have had light renovations, as well as the common areas. All apartments have separate utilities!
Current rents:
1 bedroom – $645.00
1 bedroom – $604.10
2 bedroom – $819.00
2 bedroom – $945.00
3 bedroom – $895,00
All commercial space (including 67 Franklin) – $2,300
Total rent roll – $74,497.20
All spaces are currently leased. The downstairs commercial space is being leased @ $1,300 a month. The tenant pays utilities (minus water), and trash pick-up. 67 Franklin is a 1,720 sq. Ft. space and is currently under lease @$1,000 per month. This space has been remodeled, complete with a newer roof. This a solid investment to add to your portfolio.