BEDS4
BATHS2 full
SQUARE FEET1,734
MLS#S1674966
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity/Auburn
SCHOOLAuburn
Property Description
INVESTORS WANTED! Welcome to 13 Wall St, where potential meets already existing cash flow. This property features two 2-bedroom units with a total monthly rent of $1,450. With an asking price as listed, low operating expenses and solid fundamentals, the property produces an estimated NOI of $12,882.50, translating to an impressive ~17.2% cap rate! A classic cash-flow play with room to increase rents over time with some TLC. Property is available to purchase as a bundle with 15-17 Wall St, MLS#S1674990, at an asking price of $220,000.00. Portfolio Highlights include a combined NOI of $30,500+, portfolio cap rate of ~13.7%, strong tenant history and occupancy, clear value-add potential for future increases and growth all highlight the potential of this portfolio addition.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.06 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,117
Year Built: 1920
Amenities
Balcony
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 26
Exterior: Composite Siding, Wood Siding
Flooring: Carpet, Ceramic Tile, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X66
Parcel#: 050100-115-044-0001-024-000-0000
Parking: Common, Gravel, Paved, On Street
Parking Notes: Common, Gravel, Paved, On Street
Patio/Porch: Balcony, Covered, Open, Porch
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Auburn
Listed By / Shown By
Listing By
Agency Name: Sun Harvest Realty Inc.
Agency Phone: 315-626-2277
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 448.29 per month $166.69 Principal & Interest $259.75 Property Tax $21.85 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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13 Wall Street | MLS# S1674966
This multi-family property located at 13 Wall Street, Auburn, NY 13021 is currently listed for sale with an asking price of $74,900. Wall Street is located within the Auburn school district. Search Auburn real estate on www.coldwellbankerchoice.com today.