$299,900

6749 Ramsgate Road, Sullivan, NY 13037

  • 5,828 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.76acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $51/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Excellent investment opportunity in the heart of Chittenango! This well-maintained 4-unit property offers strong income potential and positive cash flow, plus the rare bonus of an additional storefront providing extra revenue. Conveniently located near shopping, dining, and everyday amenities, and just minutes from the Yellow Brick Road Casino, bringing steady traffic and long-term demand to the area. Ideal for investors looking to expand their portfolio with a mixed-use asset in a growing market. Turn-key opportunity with upside — don’t miss it! Current rents include 2 occupied units ($970 - 2 bedroom & $1100 - barn/ retail space).. and the other three units are vacant, with potential market rents once filled that could be ($850+ & $850+ for each studio unit, and $950+ for the 1 bedroom) resulting in $4,720 total monthly or a $56,640 yearly rental revenue. After estimated expenses that include taxes, insurance, vacancy rate and maintenance of a conservative $10,000, the capitalization rate (and under valued market leases) would be a healthy 15+%!!! Extra large garage space for tenant storage, mowers or plow truck. Upgrades include a newly pumped septic tank (2 separate tanks for each building) all hot water tanks are less than 5 years old, 2 bedroom unit has brand new furnace. New carpet and paint in all units. Reach out today for more information! This property is cross listed under Multi-Family MLS#1657380

Listing Status:
Pending
Date Added:
January 15, 2026
Data Last Updated:
February 9, 2026 at 11:16PM
Listing Office:
Acropolis Realty Group LLC : 315-396-0493
Listing Agent:
Lee Baldwin : 315-561-6167
MLS ID:
S1658423
  • Basement: Full
  • Heating: GasBaseboardForced Air
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 1
  • Roofing: Shingle
  • General: 1
  • Originating MLS: NYS_S
  • School District: Chittenango
  • County: Madison
  • Zoning: 0254889-048-007-0001-024-000-0000
  • Sewer: Septic Tank
  • Source: NYS_S

This listing courtesy of Lee Baldwin , Acropolis Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bolivar Road Elementary School

6983 Bolivar Rd, Chittenango, NY, 13037

Grades PK-4

1.38 miles away

C

Chittenango Middle School

1732 Fyler Rd, Chittenango, NY, 13037

Grades 5-8

2.99 miles away

C

Chittenango High School

150 Genesee St, Chittenango, NY, 13037

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.