About 1-3 Lizette Street
This is an amazing opportunity for the right investor ready to unlock this property's full potential. This duplex features two spacious 3-bedroom apartments, one of which is already tenant-occupied and updated, providing immediate income while the other offers a blank canvas for renovation and upside. Unit 1 is a tenant-occupied 3 bedroom with recent updates including new flooring throughout, updated kitchen and bathroom, new furnace, new electrical fixtures, and new washer/dryer hookups. The other 3 bedroom is ready for cosmetic updates, and once renovated is ideal for increasing rent to market rate or owner occupancy. With the right vision and a bit of work, this property can become a high-performing asset with its given location, and a great addition to any investor's portfolio. Each unit is currently below market value, presenting a strong opportunity for rental income growth through market-aligned rate adjustments. Property is only for sale as part of a larger 18 unit package portfolio.
Features of 1-3 Lizette Street
| MLS® # | R1615085 |
|---|---|
| Price | $99,900 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 2,050 |
| Square Footage | 4068 |
| Acres | 0.09 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 1-3 Lizette 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 | One Space |
| Garages | One Space |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, 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 | Full |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Wood Siding |
School Information
| District | Auburn |
|---|---|
| Elementary | Owasco Elementary |
| Middle | Auburn Junior High |
| High | Auburn High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | The Young Agency |
|---|