Ad #7803809
MLS #S1672679
Fantastic investment opportunity at highly visible Gunns
29613 State Route 12, Clayton, NY 13624
$399,900
--Beds
--Baths
4,867Sqft
1.5Acres
About this property
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, making 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!
Property Features
0 Beds
0 Baths
4,867 Sqft
Built in 1940
1.5 Acres
1 Story
Paved or Surfaced
Metal Roof
Propane (Heating)
$1,976 / yr property tax
Jefferson County
Watertown-Clayton Pt 2 Community
Additional Photos
Contact Information
Noah Taylor
Keller Williams Realty Syracuse
315-778-6473
Location
Listing Agent: Noah Taylor (License #: 10401359495) 315-778-6473
Broker: Keller Williams Realty Syracuse 315-701-6900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Syracuse 315-701-6900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$399,900
--
Beds
--
Baths
4,867
Sqft
29613 State Route 12, Clayton, NY 13624
By contacting this agent you agree to these Terms and Conditions.
MLS# S1672679
Fantastic investment opportunity at highly visible Gunns
$399,900
29613 State Route 12, Clayton, NY 13624
--
Beds
--
Baths
4,867
Sqft
1.5
Acres
$399,900
29613 State Route 12, Clayton, NY 13624
-- Beds
-- Baths
4,867 Sqft
1.5 Acres
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, making 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!
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Property Details
HOME DETAILS
0 Beds
0 Baths
4,867 Sqft
Built in 1940
1.5 Acres
1 Story
EXTERIOR
Paved or Surfaced
Metal Roof
INTERIOR
Propane (Heating)
FINANCIAL & COMMUNITY
$1,976 / yr property tax
Jefferson County
Watertown-Clayton Pt 2 Community
See More Details
Location
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Ad Statistics
Ad Number
7803809
Viewed
39 times
Listing Status
Active
Added
Jun 22, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
New York State Alliance of MLSs, LLC
Source Property ID
S1672679
Listing Agent: Noah Taylor (License #: 10401359495) 315-778-6473
Broker: Keller Williams Realty Syracuse 315-701-6900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty Syracuse 315-701-6900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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