Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
71 Market Street
Potsdam, NY 13676
Amanda Fiacco with Fiacco Realty, LLC, original listing - (315) 854-7529
$499,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
EXCELLENT LOCATION! Only the building is for sale, not the businesses that are renting the spaces. If you're looking for a large, remodeled commercial building that is turn key, then this wonderful brick building is the property for you! Great visibility for you business and/or tenants businesses. There are currently four rental spaces in this 7,500 square foot building. Three of the spaces have access from the front of the building. The front left office space has a front desk area, a conference room and two offices. The front middle office space has a front desk area, an office, a conference room with a bathroom and a kitchenette area. The office space located on the right, front of the building has its own access area which could be used for many things. That office space is very large. There is a kitchenette area, a very large room, two offices and a storage room. Then you can go to another section in the back and there is more storage space, an upstairs office area and a heated warehouse. The warehouse area also has a man door to the back parking lot and a tall overhead door with a retractable loading dock which is great for deliveries. The last rental space is the dance studio which you access from the rear of the building. This space has very tall ceilings, a large open room and a smaller room off that. There is an overhead door that could be used again if needed. As of right now there is a wall built with a man door for access. There is also a utility room and 2 bathrooms for all of the tenants to share. All of the spaces are currently rented. The way that the building is designed makes it possible to put on a second story if you choose to add more office spaces or apartments. The possibilities are endless with this building. Schedule your showing soon to check out this excellent investment opportunity!
Property Information
Lot Size
0 sqft square ft
Property Type
Commercial Sale-Other
Year Built
1950
MLS Number
--
Location
Address
71 Market Street
City
Potsdam
State
NY
Zip Code
13676
County
SAINT LAWRENCE
Listing
Name
Phone
(315) 261-9809
Office Name
Office Phone
(315) 854-7529
Agent Name
Amanda Fiacco
Agency Phone
(315) 854-7529

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.