Active

29613 State Route 12

Clayton, NY 13624
Mark as Favorite
Bed 6

Bed

Bath 0

Bath

SqFt4,867

Sqft

Acres1.50

Acres(Lot)

Fantastic investment opportunity at highly visible Gunns Corners! This 8-unit apartment building sits prominently at the intersection of NYS Route 12 and NYS Route 180, offering excellent visibility, strong rental appeal, and easy accessibility. Set on a generous 1.50-acre lot, the property features 4,867 square feet of living space with convenient one-story layouts throughout. The unit mix includes five 1-bedroom apartments, two studio units, and one spacious 3-bedroom apartment—providing a well-balanced and versatile rental portfolio. The remodeled 1-bedroom unit is currently vacant and ready for immediate occupancy, with projected rental income of $800–$900/month. This unit has been thoughtfully updated with new flooring, modern countertops, and brand-new kitchen appliances, makin g it highly attractive to prospective tenants. The property currently generates $5,370/month in rental income from existing tenants, delivering solid in-place cash flow with clear upside potential upon leasing the vacant unit. The actual Net Operating Income (NOI) for 2025 exceeded $51,000, highlighting the property’s strong financial performance. A stable, long-term tenant base enhances reliability, while the large open parking area provides ample off-street parking for residents and guests. With strong financials and value-add potential, this property is an excellent addition to any investment portfolio. Whether you're expanding your holdings or entering the multi-family market, this asset offers both performance and growth opportunity. Schedule your private showing today!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $399,900

AD Id : 76995379

MLS Id : S1672658

Beds : 6

Lot Size : 1.50 Acres

Living Area Size : 4,867

Year Built : 1940

County : Jefferson

Subdivision: Ventnor Heights

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Basement: None
  • Flooring Information

    Laminate, Varies, Vinyl
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Gas Oven, Gas Range, Refrigerator Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Propane, Other, See Remarks, Wood Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1940 Building Area Total: 4867 Construction Materials: Vinyl Siding Stories: 1 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Dimensions: 327X210 Main Square Feet: 1.5 Acres Lot Size Acres: 1.5 Lot Size Square Feet: 65340 Lot Description: Rectangular Lot

    Property Information

    Subdivision: Watertown-Clayton Pt 2 Source Property Type: Residential Income Levels: One Property Age: 86

  • Listing Price Information

    Listing Price: $399900 Original Price: $415000 Cash

  • Tax Information

    Parcel Number: 223289-052-000-0001-066-000 Annual Tax: $1976

  • Parking Information

    Driveway, No Garage

  • Utility Information

    Electricity Available, Electricity Connected
  • Location Information

    WaterSource: Private, Well
Sell a home like this and save $23,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Rusho Bay, Clayton, NY, 13624 $249,900 1 1 400 400 SqFt
17079 May Irwin Road, Clayton, NY, 13624 $329,900 3 1 1,344 1,344 SqFt
34777 Clayton Center Road, Clayton, NY, 13624 $200,000 3 2 1,400 1,400 SqFt
16555 Bear Road, Clayton, NY, 13624 $1,750,000 5 3 3,414 3,414 SqFt
16505 Rainbow Shores Dr.., Clayton, NY, 13624 $859,900 4 2 1,584 1,584 SqFt
37207 Clayton Center Road, Clayton, NY, 13624 $128,500 3 1 994 994 SqFt
40496 Riverwood Estates.., Clayton, NY, 13624 $898,900 4 2 1,972 1,972 SqFt
16354 Grenell Is, Clayton, NY, 13624 $199,900 2 1 672 672 SqFt
43206 Murray Is, Clayton, NY, 13624 $329,900 2 2 608 608 SqFt
295 Swart Avenue, Clayton, NY, 13624 $179,000 2 1 768 768 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 06:56

MLS: S1672658 LISTED BY: Noah Taylor, Keller Williams Northern New York 315-459-6619 SOURCE: Central New York Information Services

Selling? Save $23,495 when you sell a home like this

Tour with a ByOwner Agent