101 Main Street

Phelps, NY 14532

$400,000
Price
4
Beds
3
Baths
8,298 Sq. Ft.
$48 / Sq. Ft.
8,298
Sq. Ft.
$48
per Sq. Ft.

Description

Presenting a rare opportunity to acquire a distinguished and highly sought-after “PRIME” piece of real estate, renowned within the community and boasting a loyal clientele built over 60 years. This prime property, situated in a high-traffic area, promises a lucrative investment with substantial potential for continued success. The building encompasses 8,298 sq. ft. and features: Versatile Retail Spaces: 2 or 3 ground-floor retail spaces ideal for a variety of uses including a store front, hair salon,...Presenting a rare opportunity to acquire a distinguished and highly sought-after “PRIME” piece of real estate, renowned within the community and boasting a loyal clientele built over 60 years. This prime property, situated in a high-traffic area, promises a lucrative investment with substantial potential for continued success. The building encompasses 8,298 sq. ft. and features: Versatile Retail Spaces: 2 or 3 ground-floor retail spaces ideal for a variety of uses including a store front, hair salon, restaurant, or event space with expansive front windows, ensuring maximum visibility and appeal. Residential Units: 3 spacious upper-level apartments, each offering comfort and convenience with the added benefit of an open deck at the rear. Looking to start a business? Let the rental income from the apartments help cover your business space costs, making this an even more attractive investment. Upgrades include a new rubber roof installed in 2015 & new back stairs, ensuring durability and long-term value. Seize this exceptional opportunity to own a landmark property with a storied legacy and significant future potential.
  1. Listed by Patricia A. Claus-Lapresi • Hunt Real Estate ERA/Columbus
    P: (585)-388-1400 C: (585)-388-1400 pat.claus@huntrealestate.com
  2. Listed by David P Kuperus • Hunt Real Estate ERA/Columbus
    P: (585)-394-8888 C: (585)-394-8888 david.kuperus@huntrealestate.com

Property Details for 101 Main Street

Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Off Site, On Street
Nearest Cross Street
Church
LISTING UPDATED: 10/18/2024 08:08 AM

Property Details for 101 Main Street

StatusActive
MLS #R1567940
Days on Market57
Taxes$6,613 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1839
Lot Size0.06 AC / 2,684 SF
CountyOntario County

Building Information for 101 Main Street

Stories2Residences3Year Built1839Lot Size0.06 AC / 2,684 SF

Property Information for 101 Main Street

Summary
Location and General Information
  • Elementary School Name: Midlakes Primary
  • Elementary School District: Phelps-Clifton Springs (Midlakes)
  • High School Name: Midlakes High
  • High School District: Phelps-Clifton Springs (Midlakes)
  • Middle School Name: Midlakes MIddle
  • Middle Or Junior School District: Phelps-Clifton Springs (Midlakes)
  • Village: Phelps-Village
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Phelps-Village-324001
  • Tax Annual Amount: $6,613.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 8298.0
  • Land Features: Irregular Lot
  • Num Of Acres: 0.0616
  • Lot Size Area: 0.0616
  • Lot Size Square Feet: 2684.0
  • Lot Size Units: Acres
  • Parcel Number: 324001-048-009-0001-016-000
  • Lot Number: 16
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $180,000
  • Year Built: 1839
  • Year Built Description: Existing
  • Zoning Description: Commercial
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Stucco, Copper Plumbing
  • Exterior Features: Deck
  • Foundation Description: Block
  • Patio And Porch Features: Deck
  • Roof Description: Membrane, Rubber
  • Type Of Building: Mixed
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Varies, Vinyl
  • Heating: Electric, Baseboard
  • Heating YN: Yes
  • Interior Features: Ceiling Fans
  • Levels: Two
  • Sq Ft Total: 8298.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $54,600.00
  • Net Operating Income: $40,122.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $7,865.00
  • Operating Expense Includes: Insurance
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room,Living Room,Other - See Remarks
  • Unit Type Total Rent: $750.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 750
Unit 2
  • Unit Type Actual Rent: $625.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Eat-In Kitchen,Living Room,Other - See Remarks
  • Unit Type Total Rent: $625.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 625
Unit 3
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room,Other - See Remarks
  • Unit Type Total Rent: $750.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 750
Rental
Rental Information
  • Rent Includes: Trash Collection
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 101 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 Main Street

Taxable ValueLand$18,700Additions$91,300Total$110,000
Home Facts
Beds2Baths1Total Finished SqFt1,057 SqFtAbove Grade Finished SqFt1,057 SqFtStories1Lot Size41,818 SqFtStyleSingle Family ResidenceYear Built1950Zoning05 - COMMERCICountyONTARIOAPN324089 49.00-1-49.000Fireplace TypeHas Fireplace

Schools near 101 Main Street

This home is within Phelps-Clifton Springs Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 6
Public - 7 to 8
Public - 7 to 12
Rating
School
Distance
Midlakes Primary School
PublicPK to 2

Midlakes Intermediate School
PublicPK to 6

Midlakes Middle School
Public7 to 8

Midlakes High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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101 Main Street is a mixed use property for sale in Phelps, NY 14532. This property was listed for sale on September 25, 2024 by Hunt Real Estate ERA/Columbus, it's currently listed at $400,000. It has been on the market for a total of 57 days and was last sold on May 13, 2019. This listing's school district is Phelps-Clifton Springs Central School District. Nearby schools include Midlakes Primary School, Midlakes Intermediate School and Midlakes Middle School. 101 Main Street is a 4-bed, 3-bath, 8,298 sqft mixed use property built in 1839.

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Listing Courtesy of Hunt Real Estate ERA/Columbus

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.