63-65 South Street

Auburn, NY 13021

$3,900,000
Price
Beds
52,133 Sq. Ft.
$75 / Sq. Ft.
52,133
Sq. Ft.
$75
per Sq. Ft.

Description

Rare opportunity to own the historic Kings and Queens Court, a one-of-a-kind 60-unit property in beautiful Auburn, NY. The two landmark buildings feature meticulously restored units with a portion of utilities paid by tenants, coin operated laundry, ample parking, and garage storage for additional revenue. With its close proximity to downtown Auburn, Owasco Lake, and numerous major employers, this property is highly sought-after by renters in the area. Currently fully occupied and with a strong rental...Rare opportunity to own the historic Kings and Queens Court, a one-of-a-kind 60-unit property in beautiful Auburn, NY. The two landmark buildings feature meticulously restored units with a portion of utilities paid by tenants, coin operated laundry, ample parking, and garage storage for additional revenue. With its close proximity to downtown Auburn, Owasco Lake, and numerous major employers, this property is highly sought-after by renters in the area. Currently fully occupied and with a strong rental history, this investment offers excellent cash flow in a stable rental market, making it an ideal investment for discerning buyers seeking both historical significance and steady returns.
  1. Listed by Todd Post • Century 21 Post Realty
    P: (315)-258-3883 C: (315)-258-3883 toddpost@postrealty.net
  2. Listed by Emily Ehrgott • Century 21 Post Realty
    P: (315)-258-3883 C: (315)-258-3883 emilygehrgott@gmail.com

Property Details for 63-65 South Street

On Waterfront
No
Parking Description
On Site, Surfaced
Zoning Code
SC
Nearest Cross Street
Logan
LISTING UPDATED: 09/06/2024 09:58 AM

Property Details for 63-65 South Street

StatusActive
MLS #S1548580
Days on Market181
Taxes$65,209 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1913
Lot Size2.10 AC / 91,385 SF
CountyCayuga County

Building Information for 63-65 South Street

Stories3Residences-Year Built1913Lot Size2.10 AC / 91,385 SF

Property Information for 63-65 South Street

Summary
Location and General Information
  • Elementary School District: Auburn
  • High School District: Auburn
  • Middle Or Junior School District: Auburn
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Parking Total: 40.00
Taxes and HOA Information
  • Area NYSWIS Code: Auburn-050100
  • Tax Annual Amount: $65,209.00
Property
Lot Information
  • Building Area Total: 52133.0
  • Land Features: Rectangular
  • Num Of Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Size Square Feet: 91385.0
  • Lot Size Units: Acres
  • Num Of Buildings: 2
  • Parcel Number: 050100-116-061-0001-023-000-0000
  • Possible Uses: Residential
  • Lot Number: 23
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $1,862,700
  • Year Built: 1913
  • Year Built Description: Existing
  • Zoning Description: Commercial
  • Property Sub Type Additional: Apartment
Utilities
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Public
Interior and Exterior Features
Exterior Features
  • Building Features: Elevators
  • Roof Description: Asphalt, Flat, Membrane, Rubber, Shingle
Interior Features
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Linoleum, Varies, Vinyl
  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • Heating YN: Yes
  • Sq Ft Total: 52133.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Operating Expense Includes: Insurance, Maintenance, Snow Removal, Trash, Water Sewer
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Lease YN: No
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 63-65 South 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 63-65 South Street

Taxable ValueLand$41,000Additions$1,821,700Total$1,862,700
Tax Record2019$14,029 ($1,169 / month)
Home Facts
Total Finished SqFt24,936 SqFtAbove Grade Finished SqFt24,936 SqFtUnfinished Basement SqFt8,312 SqFtStories3Lot Size87,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1990ZoningSCCountyCAYUGAAPN050100 116.61-1-23

Schools near 63-65 South Street

This home is within Auburn City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Genesee Street Elementary School
PublicK to 6

Auburn Junior High School
Public7 to 8

Auburn High School
Public9 to 12

William H Seward Elementary School
PublicK to 6

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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63-65 South Street is for sale in Auburn, NY 13021. This property was listed for sale on June 27, 2024 by Century 21 Post Realty, it's currently listed at $3,900,000. It has been on the market for a total of 181 days and was last sold on December 3, 2008. This listing's school district is Auburn City School District. Nearby schools include Genesee Street Elementary School, Auburn Junior High School and Auburn High School. 63-65 South Street is a 0-bed, 0-bath, 52,133 sqft built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Post Realty

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.