MULTI_FAMILY - Other - Utica, NY
Investor's Dream. This historic gem offers a once-in-a-lifetime opportunity to own a piece of history and transform it into a high-yield income property. Situated on 3 sprawling acres, this 7,800+ sq ft structure, originally built in 1861, offers incredible potential with commercial zoning and with plans in place to convert it into a 4-unit residence. Much of the groundwork has already been started the main roof is only 1 year old, 1st fl is mostly down to the studs, showcasing stunning exposed brickwork a blank canvas ready for your vision. The second floor features updated wiring, plumbing, insulation, drywall, and two roughed-in bathrooms. Third floor/attic provides valuable storage, utility, or potential bonus living space. At the top, a charming belvedere offers breathtaking views a unique architectural highlight. The massive basement boasts a striking stone fireplace, with ample ro...
Investor's Dream. This historic gem offers a once-in-a-lifetime opportunity to own a piece of history and transform it into a high-yield income property. Situated on 3 sprawling acres, this 7,800+ sq ft structure, originally built in 1861, offers incredible potential with commercial zoning and with plans in place to convert it into a 4-unit residence. Much of the groundwork has already been started the main roof is only 1 year old, 1st fl is mostly down to the studs, showcasing stunning exposed brickwork a blank canvas ready for your vision. The second floor features updated wiring, plumbing, insulation, drywall, and two roughed-in bathrooms. Third floor/attic provides valuable storage, utility, or potential bonus living space. At the top, a charming belvedere offers breathtaking views a unique architectural highlight. The massive basement boasts a striking stone fireplace, with ample room for storage, a laundry area, or future amenities. Outside, the possibilities are just as expansive a 40x30 three-stall garage/pool house adds further development potential possibly even more units. In-ground pool (condition unknown), large front and side yards, and ample off-street parking provide flexibility for outdoor use and tenant enjoyment. Located in a prime spot, just minutes from Seymour Park, I-90, Route 12, downtown Utica, Wynn Hospital, and an array of shops and restaurants. Whether you're looking to develop a multi-unit rental, a commercial/residential hybrid, or a signature historic renovation, this property offers UNMATCHED POTENTIAL.
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