Property Description

8-Unit Apartment Building - Gunns Corners - Fully Leased Eight units, all rented. One-story apartment building at the corner of NYS Route 12 and NYS Route 180 in Clayton, on 1.5 acres with a large open parking lot. Five one-bedrooms, two studios, one three-bedroom. The two most recently turned units were remodeled with new flooring, countertops, and kitchen appliances and both leased this month. Stable long-term tenant base in the rest of the building. Total rent is $6,173/month ($74,076/year) with every unit occupied. 2025 NOI exceeded $51,000, and that was a year with vacancy. 4,867 sq ft, metal roof, vinyl siding, single-story layouts throughout. Nothing to lease up, nothing to fix. In-place income from day one. Private showings by appointment.

Property Features

Local Schools