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53 Arterial

Auburn, NY 13021

$265,000 $1,117/Mo

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Overview

Bed

Bath

2,624

Sqft

0.50

Acre(Lot)

Description

STUNNING REMODELED 3-UNIT MULTI-FAMILY IN THE UP-AND-COMING AUBURN MARKET!! TURNKEY INVESTMENT OPPORTUNITY WITH ALL UNITS OCCUPIED AND PRODUCING STRONG CASH FLOW!! TOTAL RENTAL INCOME OF $3,700/MONTH ($44,400/YEAR) WITH A PROJECTED CAP RATE OF APPROX. 13% AT A $265,000 PURCHASE PRICE!! UNIT BREAKDOWN INCLUDES A SPACIOUS 3-BEDROOM UNIT RENTED AT $1,300/MONTH, A 2-BEDROOM UNIT RENTED AT $1,200/MONTH, AND A 1-BEDROOM UNIT RENTED AT $1,200/MONTH—IDEAL FOR INVESTORS SEEKING IMMEDIATE INCOME AND LONG-TERM APPRECIATION!! PROPERTY HAS BEEN FULLY RENOVATED WITH MAJOR CAPITAL IMPROVEMENTS INCLUDING A NEW ROOF, UPDATED ELECTRIC, NEW PLUMBING, NEW INTERIOR PAINT, NEW FLOORING THROUGHOUT, MODERNIZED KITCHENS WITH NEW CABINETS & SINKS, UPDATED BATHROOMS, NEW APPLIANCES, SEVEN NEW WINDOWS, NEW HEAT ING SYSTEMS, NEW HOT WATER HEATER, NEW ELECTRIC PANEL WITH CIRCUIT BREAKERS, AND MORE!! EXTERIOR FEATURES INCLUDE A LARGE BACKYARD, 3-CAR GARAGE FOR ADDITIONAL INCOME OR TENANT USE, AND TWO UNITS WITH PRIVATE PORCHES!! PRIME LOCATION CLOSE TO SHOPPING, DINING, SCHOOLS, PARKS, ROUTE 5 & ROUTE 34, MAKING THIS A HIGH-DEMAND RENTAL PROPERTY!! PERFECT FOR INVESTORS LOOKING FOR A CASH-FLOW OR OWNER OCCUPANTS SEEKING TO HOUSE HACK AND BUILD EQUITY!! MOVE-IN READY • INCOME PRODUCING • STRONG ROI • SCHEDULE YOUR SHOWING TODAY!!

Property Details

Property Type : Residential Income

Price : $265,000

AD Id : 76618244

MLS Id : S1669579

Beds : 6

Lot Size : 0.50 Acre

Living Area Size : 2,624

Year Built : 1910

Garage : 3

County : Cayuga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Carpet, Hardwood, Laminate, Varies
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Gas Water Heater Laundry Features: Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1910 Building Area Total: 2624 Construction Materials: Other, Wood Siding Stories: 2 Private Pool: No
Exterior Features

Exterior Features: Balcony, Private Yard

Lot Information

Lot Dimensions: 82X264 Main Square Feet: 0.5 Acres Lot Size Acres: 0.5 Lot Size Square Feet: 21780 Lot Description: Near Public Transit, Rectangular Lot

Listing Price Information

Listing Price: $265000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 050100-116-038-0002-012-000-0000 Tax Lot: 12 Annual Tax: $3534

Virtual Tour

Virtual Tour (External Link)

Parking Information

Paved

Garage Information

Has Garage: Yes Garage Space: 3

Utility Information

Cable Available, Electricity Connected, Sewer Connected, Water Connected
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2-4 Maple Street, Auburn, NY, 13021	$189,900	3	2	1,856	1,856 SqFt
9 Cayuga Street, Auburn, NY, 13021	$200,000	6	2	2,380	2,380 SqFt
120 E Genesee Street, Auburn, NY, 13021	$269,900	5	3	2,661	2,661 SqFt
19 Bradford Street, Auburn, NY, 13021	$125,000	5	2	1,660	1,660 SqFt
21 Lawton Avenue, Auburn, NY, 13021	$169,900	4	2	2,063	2,063 SqFt
1-3 Lizette Street, Auburn, NY, 13021	$99,900	6	2	2,050	2,050 SqFt
121 Osborne Street, Auburn, NY, 13021	$84,900	3	2	1,452	1,452 SqFt
112 Osborne Street, Auburn, NY, 13021	$179,900	6	3	1,984	1,984 SqFt
76 E Genesee Street, Auburn, NY, 13021	$125,000	7	3	3,386	3,386 SqFt
73 Arterial, Auburn, NY, 13021	$169,900	6	2	2,538	2,538 SqFt

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ByOwner last updated this listing 06/07/2026 @ 17:48

MLS: S1669579 LISTED BY: Jason Maddison, Howard Hanna Real Estate 315-622-2111 SOURCE: Central New York Information Services