309 E Seneca Street
Manlius, NY 13104

Well located 8 unit, mixed-use building in the Village of Manlius. Three ground level retail spaces & Five apartments make up the building configuration. 8/8 units occupied with all residential tenants on Month to Month rental agreements. Middle retail tenant signed a one year lease term as of July 1, 2021. Corner retail tenants are long term on month to month agreements. Rents are historically low. TLC Needed in common areas. Any residential turnover should have a substantial rental increase. 4 / 5 Residential Units renovated within past 10 years. The retail spaces are in great condition for their business use with separate utilities. Most residential tenants pay their own utilities, see private comments. Roof is 6 years old (complete tear off service). Current Gross Income is $49,200 for the past 12 months.