6 Beds
2 Baths
1,982 SqFt
6 Beds
2 Baths
1,982 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,982 sqft
Price per Sqft $100
MLS Listing ID S1711842
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1890
Annual Tax Amount $3,584
Lot Size 3,358 Sqft
Acres 0.0771
Lot Dimensions 42X80
Property Sub-Type Multi Family
Property Description
This exceptional two-family home has been completely remodeled from the studs up, offering the rare opportunity to own a virtually turn-key investment property with extensive updates throughout. No detail was overlooked, with all major components of the property replaced or updated, including windows, doors, roof, insulation, plumbing, electrical, mechanical systems, appliances, kitchens, and bathrooms.
Each spacious unit offers three bedrooms, a full bathroom, and its own laundry, providing desirable amenities for today's tenants. Both units also feature a covered porch, adding valuable outdoor space and curb appeal.
Designed with ease of ownership in mind, the property features separate utilities for each unit, including gas, electric, and water, allowing tenants to be responsible for their own utility consumption.
With estimated current market rents of approximately $1,500 per unit, the property offers projected gross annual rental income of approximately $36,000 and an estimated annual net operating income of just over $30,000, making this an attractive opportunity for both investors and owner-occupants seeking additional rental income.
With the major renovations already completed, separate utilities, modern finishes, and strong rental potential, this property is ready to generate income from day one.
Location
State NY
County Cayuga
Area Auburn-050100
Direction Washington to Barber. Home is on your left.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Spray Foam Insulation,Vinyl Siding
Construction Status Existing
Schools
School District Auburn
Others
Senior Community No
Tax ID 050100-115-050-0001-031-000-0000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1711842
Nearby Locations
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