About 15 Perrine Street
This fully tenant-occupied quadplex offers a rare opportunity to acquire a high-performing asset with strong cash flow and recent capital improvements. Located adjacent to 17 Perrine Street and boasting 3,926 sq ft of living space, this property is ideal for investors seeking a stabilized, low-maintenance addition to their portfolio. Unit 1 is a 1 bedroom offering new flooring, updated kitchen with stainless steel appliances & dishwasher, renovated bathroom, new furnace, paint, and electrical fixtures. Unit 2 is a 3 Bedroom, recent updates are new flooring throughout, modern kitchen and updated bathroom, new washer/dryer hookups, new electrical fixtures. Unit 3 which is also a 3 Bedroom has new flooring and paint, newer furnace, and updated electrical fixtures. Unit 4 is a 2 Bedroom with new flooring and paint, newer furnace, new washer/dryer hookups, and updated modern fixtures. This is a rare chance to own a fully renovated, cash-flowing quadplex in a high-demand rental market. Whether you're scaling your portfolio or entering multifamily investing, this property delivers on both performance and potential. Each unit is currently below market value, presenting a strong opportunity for rental income growth through market-aligned rate adjustments. Property is for sale only as part of a larger 18-unit package portfolio.
Features of 15 Perrine Street
| MLS® # | R1615070 |
|---|---|
| Price | $289,900 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,926 |
| Square Footage | 10934 |
| Acres | 0.25 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 15 Perrine Street |
|---|---|
| Area | Auburn |
| Subdivision | William J Spahn |
| City | Auburn |
| County | Cayuga |
| State | NY |
| Zip Code | 13021 |
Amenities
| Utilities | Sewer Connected, Water Connected, Water |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | Common, Two or More Spaces |
| Garages | Common, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile, Varies, Vinyl |
|---|---|
| Interior Features | Pull Down Attic Stairs |
| Appliances | Electric Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Partially Finished |
Exterior
| Exterior | Other, See Remarks, Vinyl Siding |
|---|---|
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Other, See Remarks, Vinyl Siding |
| Foundation | Block |
School Information
| District | Auburn |
|---|---|
| Elementary | Casey Park Elementary |
| Middle | Auburn Junior High |
| High | Auburn High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | The Young Agency |
|---|