BEDS6
BATHS3 full
SQUARE FEET2,624
MLS#S1669858
STATUSActive
PROPERTY TYPEResidential - Single Family
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!!
Property Features
Property Type: Residential - Single Family
Basement: Full
Garage: 3
Heating: Gas, Forced Air
Home Style: Other, See Remarks
Lot Size: 0.50 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,534
Year Built: 1910
Amenities
Ceiling Fan(s)
Separate/Formal Living Room
Other
See Remarks
Bedroom on Main Level
Blacktop Driveway
Balcony
Feature Descriptions
Appliances: Free-Standing Range, Gas Water Heater, Oven, Refrigerator
Days on Site: 2
Exterior: Other, Wood Siding
Flooring: Carpet, Hardwood, Laminate, Varies
Lot: Other, Near Public Transit, Rectangular, Rectangular Lot, See Remarks
Lot Dimensions: 82X264
Parcel#: 050100-116-038-0002-012-000-0000
Parking: Detached, Garage
Parking Notes: Detached, Garage
Patio/Porch: Balcony
Sewer: Connected
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
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 961.57 per month $589.78 Principal & Interest $294.50 Property Tax $77.29 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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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.coldwellbankerchoice.com today.