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Sharon Ciminelli
REALTOR®, Lic. Real Estate Associate Broker
(716) 510-7489

53 Arterial W, Auburn, NY 13021

$265,000
  • 53 Arterial W, Auburn, NY 13021 Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET2,624 MLS#S1669579
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAuburn

Property 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 HEATING 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!!

53 Arterial W | MLS# S1669579

This multi-family property located at 53 Arterial W, Auburn, NY 13021 is currently listed for sale with an asking price of $265,000. Arterial W is located within the Auburn school district. Search Auburn real estate on www.sharonciminelli.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 3
Heating: Gas, Forced Air
Home Style: Triplex
Lot Size: 0.50 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,534
Year Built: 1910

Amenities

Ceiling Fan(s)
Balcony
Private Yard
See Remarks

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Other, Wood Siding
Flooring: Carpet, Hardwood, Laminate, Varies
Laundry: Washer Hookup
Lot: Near Public Transit, Rectangular, Rectangular Lot
Lot Dimensions: 82X264
Parcel#: 050100-116-038-0002-012-000-0000
Parking: Paved, Parking Available
Parking Notes: Paved, Parking Available
Patio/Porch: Balcony
Sewer: Connected
Units: 3
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Auburn

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Real Estate
Agency Phone: 315-622-2111

Shown By

Agent Name: Sharon Ciminelli
Agent Phone: (716) 510-7489
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 961.57 per month $589.78 Principal & Interest $294.50 Property Tax $77.29 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/02/2026. The listing information on this page last changed on 04/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/02/2026 1:51:02 AM EST) or New York State Alliance MLS (last updated Thu 04/02/2026 1:50:33 AM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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