970 State Route 26
Georgetown, NY 13072 · Madison County
Price
$165,000
Bed / Bath
7 bd · 4 ba
Interior
5,644 sqft
Lot
13,504 sqft lot
Built
1847
Garage
2-car
↓ Reduced from $195,000
About this home
Income-producing mixed-use property with significant value-add potential in Georgetown, NY. Formerly known as the Georgetown Inn, this mixed-use building offers multiple income streams and flexible zoning for both residential and commercial use. The property currently features three apartment units, including a fully remodeled 3-bedroom, 1-bath first-floor apartment that is move-in ready and ideal for immediate rental income. Upstairs, a 2-bedroom, 1-bath apartment is currently occupied and will be delivered vacant at closing, providing flexibility for owner occupancy or market-rate leasing. A second 2-bedroom, 2-bath apartment is well underway, with remaining materials included in the sale, offering an opportunity to increase rental income with minimal additional investment. The former bar and commercial space presents another value-add opportunity. Restore it as a business, create office space, or explore conversion to an additional residential unit (subject to approvals). The space already includes multiple rooms, a bathroom, and basement access. With mixed-use zoning, multiple residential units, expansion potential, and the ability to create additional cash flow, this property offers investors, entrepreneurs, and owner-occupants a rare opportunity to build equity while generating income. Bring your vision and unlock the full potential of this landmark property.
Interior features
- Ceiling Fans
Appliances
- Electric Water Heater
Mechanical
Heating
Oil, Baseboard, Forced Air
Schools
District
Otselic Valley
Tax & finance
Annual taxes
$3,163
Financing
Cash · Conventional
MLS Attribution
Listing courtesy of Eagle River Realty, LLC. Listing agent: Ashley Krueger. Data last updated 6/9/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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