Property Attributes
- MLS#S1674260
- TypeSingle Family
- Listing Status Active
- CountyMADISON
- CityGeorgetown
- AreaGeorgetown
- Zip13072
- StyleFourplex
- Year Built1847
- Taxes$ 3163
- Price$ 165,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage5644
- Lot Size0.31 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description
Income-producing mixed-use property with significant value-add potential in Georgetown, NY. Formerly known as the Georgetown Inn, this mixed-use building offers multiple income streams and flexible zoning for both residential and commercial use. The property currently features three apartment units, including a fully remodeled 3-bedroom, 1-bath first-floor apartment that is move-in ready and ideal for immediate rental income. Upstairs, a 2-bedroom, 1-bath apartment is currently occupied and will be delivered vacant at closing, providing flexibility for owner occupancy or market-rate leasing. A second 2-bedroom, 2-bath apartment is well underway, with remaining materials included in the sale, offering an opportunity to increase rental income with minimal additional investment. The former bar and commercial space presents another value-add opportunity. Restore it as a business, create office space, or explore conversion to an additional residential unit (subject to approvals). The space already includes multiple rooms, a bathroom, and basement access. With mixed-use zoning, multiple residential units, expansion potential, and the ability to create additional cash flow, this property offers investors, entrepreneurs, and owner-occupants a rare opportunity to build equity while generating income. Bring your vision and unlock the full potential of this landmark property.
| Price History | |
|---|---|
| 4/17/2026 | Listed $195,000 |
| 5/27/2026 | 16$165,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | Oil,Baseboard,ForcedAir |
| Utilities | ElectricityConnected,HighSpeedInternetAvailable,WaterConnected |
| Possession | CloseOfEscrow |
| Appliances | ElectricWaterHeater |
| Garage Spaces | 2.0 |
| Patio/Porch Features | Open,Porch |
| Architectural Style | Fourplex |
| Construction Materials | WoodSiding |
| School District | Otselic Valley |
| Year Built | 1847 |
| Electric | CircuitBreakers |
| Stories Count | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property Subtype | MixedUse |
| OwnerPays | Electricity,Heat,HotWater,SnowRemoval,TrashCollection,Water |
| Business Type | Mixed |
| County | Madison |
| Property Type | Residential |
| Garage Y/N | Yes |
| Rent Includes | Electricity,Heat,HotWater,SnowRemoval,TrashCollection,Water |
| Full Baths | 4 |
| Status | Active |
| City | Georgetown |
| Senior Community Y/N | No |
| High School District | Otselic Valley |
| Zoning Description | Other - See Remarks |
| Number Of Units Total | 3 |
| MLS Area | Georgetown-253000 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13504.0 |
| Year Built Details | Existing |
| Tax Annual Amount | 3163.0 |
| Property Condition | Resale,Fixer |
| Virtual Tour | https://www.propertypanorama.com/instaview/syr/S1674260 |
| Standard Status | Active |
| Middle/Junior School District | Otselic Valley |
| Elementary School District | Otselic Valley |
| Tax Assessed Value | 50000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 37 |
| Virtual Tour | https://www.propertypanorama.com/instaview-tour/syr/S1674260 |
Interior Features
| Interior Amenities | CeilingFans |
|---|---|
| Basement | DirtFloor,Full |
| Flooring | Carpet,Hardwood,Other,SeeRemarks,Tile,Varies |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | WasherHookup |
| Total Bedrooms | 7 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Gravel,TwoOrMoreSpaces,Unpaved |
|---|---|
| Lot Features | Rectangular,RectangularLot,ResidentialLot |
| Water Source | Connected,Public |
| Lot Size Area | 0.31 |
| Foundation Details | Stone |
| Building Area Total | 5644.0 |
| Lot Dimensions | 89X138 |
| Lot Size Acres | 0.31 |
| Waterfront Y/N | No |
| Number of Separate Electric Meters | 1 |
| Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Berkshire Hathaway HomeServices Zambito, REALTORS® - Medina, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Berkshire Hathaway HomeServices Zambito, REALTORS® - Medina, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.