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!!
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
Estimated Payment
$ 961.57 per month $589.78 Principal & Interest $294.50 Property Tax $77.29 Homeowner's Insurance
53 Arterial W | MLS# S1669858
This single family home located at 53 Arterial W, Auburn, NY 13021 is currently listed for sale with an asking price of $265,000. This property was built in 1910 and has 6 bedrooms and 3 full baths with 2624 sq. ft. Arterial W is located within the Auburn school district. Search Auburn real estate on www.sharonciminelli.com today.