586 Old Route 23
Cairo, NY 12413
26
Bed
0
Bath
12,522Sqft
4.70Acres(Lot)
Turn-key scale, operational efficiency, with both short and long-term upside. Set on 4.7 acres, with 5 detached buildings: a main building with 9 various-sized units, a single-unit cottage, and two motel-style outbuildings -- one with 8 units and one with 2 units, all individually metered. There is space for a 21st, 3 bedroom apartment, an empty garage that can be leased commercially, and the parcel offers even more long term development potential with additional units, self-storage and more, subject to municipal approvals. The property has undergone a comprehensive renovation program across the majority of units -- ranging from fresh paint and new flooring to full gut renovations including new kitchens, bathrooms, electrical, plumbing, sheetrock, heating, and appliances. Infrastructure
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 26
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Building Information
Year Built: 1960 Building Area Total: 12522 Private Pool: No
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Lot Information
Main Square Feet: 4.7 Acres Lot Size Acres: 4.7 Lot Size Square Feet: 204732
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Listing Price Information
Listing Price: $2400000 Original Price: $2995000
-
Tax Information
Parcel Number: 192400 Tax Lot: 2 Tax Block: 15 Annual Tax: $19873
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Garage Information
Has Garage: Yes Garage Space: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 24 Grove Street, Cairo, NY, 12413 | $360,000 | 5 | 3 | 2,100 | 2,100 SqFt |
| 460 Main Street, Cairo, NY, 12413 | $139,900 | 3 | -- | 3,003 | 3,003 SqFt |
| 579 Main Street, Cairo, NY, 12413 | $345,000 | 6 | -- | 3,024 | 3,024 SqFt |
| 526 Mountain Avenue, Cairo, NY, 12413 | $465,500 | 10 | -- | 4,953 | 4,953 SqFt |
| 638 Main Street, Cairo, NY, 12413 | $199,900 | 3 | 3 | 3,143 | 3,143 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 02:13
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