6749 Ramsgate Road

Madison County NY 13037

5828 sq. ft.

33106 sq. ft.

Multi-Family

Last sold for $300,000

Lee Baldwin, last sold this property on 17 April 2026 after 1128 days on market.

Overview

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 Commercial MLS#1658423

Features

3 bedrooms

4 bathrooms

1 carspace

1 garage space

5828 sq. ft. floor area

33106 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Madison County over the last 12 months.

Property history for 6749 Ramsgate Road

2026

Sold

$300,000

17 Apr 2026 by Lee Baldwin, of ACROPOLIS REALTY GROUP LLC - Syracuse

Happy sellers in Madison County

We have insufficient information to provide an overview of customer satisfaction for Madison County. Viewing the agent profiles, reviews and sales for Madison County can provide insights for this location.