5261 E Seneca Street, Sherrill, NY 13461
Local realty services provided by:HUNT Real Estate ERA
Listed by: samantha m curry
Office: new scotland realty
MLS#:202624720
Source:Global MLS
Price summary
- Price:$100,000
- Price per sq. ft.:$23.19
About this home
Exceptional investment opportunity in the heart of Sherrill, NY! This 8-unit multifamily property is being offered AS-IS and presents significant upside for an investor or owner looking to complete a full renovation and reposition the asset. The property currently consists of two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. Three units are currently occupied, with the remaining units vacant, providing an opportunity to renovate and lease units as improvements are completed. With a substantial renovation, the property offers the potential for significant value appreciation and increased rental income with a 17%+ cap rate and a 40% cash on cash return. Conveniently located just 7 minutes from Turning Stone Resort Casino, and 9 minutes from Vernon Downs Racino, close to major roadways, shopping, dining, and area amenities. Excellent opportunity for investors seeking a value-add multifamily project in a desirable location.
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Home facts
- Year built:1950
- Listing ID #:202624720
- Added:13 day(s) ago
- Updated:September 07, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Full bathrooms:8
- Basement Description:Crawl Space
- Living area:4,312 sq. ft.
Heating and cooling
- Heating:Electric, Natural Gas, Radiant
Structure and exterior
- Roof:Metal
- Year built:1950
- Building area:4,312 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Apartment 4 Plus Unit
- Construction Materials:Vinyl Siding, Wood Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$23.19
- Tax amount:$3,800
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