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Exceptional investment opportunity! This well-maintained mixed-use property offers approximately 3,500 square feet of gross floor area and provides multiple income streams with significant upside potential. The building features two spacious residential apartments, including one three-bedroom unit and one four-bedroom unit. Both apartments are fully equipped with appliances, all of which convey with the sale, making this a truly turnkey investment. The commercial space is occupied by a fully equipped, state-of-the-art three-station hair salon, offering an attractive and modern business environment. All tenants are responsible for paying their own utilities, helping to minimize owner expenses and maximize cash flow. The property currently generates an impressive annual net operating income (NOI) of $26,966. With rental rates adjusted to current market value, the projected annual NOI exceeds $42,000, presenting an outstanding value-add opportunity for investors seeking immediate income with substantial future growth potential. Whether you're expanding your investment portfolio or searching for a mixed-use property with strong cash flow and long-term appreciation potential, this property is one you won't want to miss.
| DAYS ON MARKET | 2 | LAST UPDATED | 8/3/2026 |
|---|---|---|---|
| YEAR BUILT | 1917 | COMMUNITY | Auburn-050100 |
| COUNTY | Cayuga | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Auburn-050100 |
| BASEMENT | Full, Yes |
| HEAT | Baseboard, Forced Air, Natural Gas, Other, See Remarks |
| LOT | 0.3127 acre(s) |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 151X90 |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 9235 |
| UTILITIES | Sewer Connected |
| ZONING | Other - See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Stephen J. Baier, Baier Real Estate LLC
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
