Upper Delaware Real Estate
Christopher J. Gross

Licensed Real Estate Broker
NY & PA
434 West Main Street - Hancock, New York 13783 - 607-637-5588
located next to McDonald's

DOWNTOWN INVESTMENT OPPORTUNITY

Size: Lot 1- 40'x100'. Lot 2- 50'x260' Both lots .59 acre total.
Type: commercial
% Woods: 0
% Field: 100
Sewer System: municipal
Water: municipal
Electric: yes
Road Frontage: 350'
Recreational Water:

Type & Age: Early 1800's.
Size: McGranaghan Bldg.- 5,850 sq. ft. both floors. Mercantile- 2 story and is 5,546 sq. ft. bottom floor only.
Rooms Upstairs: na
Rooms Downstairs: na
Basement: na
Heat: na
Electric: na
Personal Property:
Neighborhood Type: downtown business district

McGranaghan Bldg:
Total Taxes:
School Tax $2,666.46, Town & County $1,385.17, Village  $1,955.10
Utilities:
Water & Sewer $305.19 (last quarter)
Base rate for water -$125.00/quarter
Base rate for sewer -$25.00/quarter

Mercantile Building:
Total Taxes: School Tax $3,344.38, Town & County $1,737.33, Village  $1,666.98      
Utilities: Water & Sewer $177.74 (last quarter)
Base rate for water -$125.00/quarter
Base rate for sewer -$25.00/quarter

Special Features/Restrictions:
McGranaghan Bldg. has:

 STOREFRONT- @$600/month, landlord pays heat, tenant pays electric. Heat expense for Storefront and Upstairs Front Apartment is $300/month average.

 DOWNSTAIRS APARTMENT- 1 bedroom @$390/month. Tenant pays heat and electric. Has central air, nat. gas hot air heat, kit. stove, refrigerator and washer/dryer included in sale.

UPSTAIRS FRONT APARTMENT- 3 bdrm. @$625/month. Nat. gas radiators. Tenant pays electric and LL pays heat.

UPSTAIRS BACK APARTMENT- 2 bedroom @525/month. Tenant pays heat & elec. FHA heat.

MERCANTILE BUILDING
: Occupied by hardware store with office (INVENTORY NOT INCLUDED). Paved parking in rear. Also additional 18'x36' storage/supply building.

GREENHOUSES DO NOT STAY.

Description:
Exciting chance for investors to purchase either one or 2 historic buildings right on the main drag in downtown Hancock, NY. Side-by-side, the McGranaghan building has 3 residential units and 1 storefront. The mercantile houses the local hardware store and has numerous parking spaces in back. High traffic location at traffic light. Ideal for many uses.  

$398,000 for both. Bldg. 1 is $169,900. Bldg. 2 is $229,000.      Mortgage Calculator


Click for More Photos
Click for Map


< Back <
Hancock: Main | Homes & Cabins | Investment & Business | Land | Pennsylvania
Downsville: Main | Homes & Cabins | Investment & Business | Land
Windsor: Main | Homes & Cabins | Investment & Business | Land
© 1999-2001 Upper Delaware Real Estate
All information herein is subject to errors, omissions, mistakes, withdrawals, sale, etc.