About 8/151/9-11 Spring/state/aurelius Street
Investor opportunity: 6 units across 3 buildings totaling over 7,500 sq. ft. of rental space, all conveniently located near shopping, amenities, and public transit. Properties are being sold as-is and are currently undergoing light cosmetic updates due to tenant turnover—offering immediate upside potential. Conservative gross rent projection is $7,750/month, with high-performance planning up to $9,950/month. Significant value-add potential through strategic management and lease restructuring. Some tenants may be open to new lease terms or transitioning out, allowing for fresh agreements at market rates. Strong CAP rate, equity growth potential, and long-term ROI make this an ideal addition to any investment portfolio. Don’t miss this chance to acquire three buildings in a growth market. Full financials and additional details available for qualified buyers.
Features of 8/151/9-11 Spring/state/aurelius Street
| MLS® # | S1608424 |
|---|---|
| Price | $600,000 |
| Bedrooms | 11 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 7,588 |
| Square Footage | 5197 |
| Acres | 0.50 |
| Year Built | 1890 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 8/151/9-11 Spring/state/aurelius Street |
|---|---|
| Area | Auburn |
| City | Auburn |
| County | Cayuga |
| State | NY |
| Zip Code | 13021 |
Amenities
| Utilities | Sewer Connected, Water Connected, Other, See Remarks |
|---|---|
| Features | Other, Rectangular, Rectangular Lot, See Remarks |
| Parking | Paved, Two or More Spaces |
| # of Garages | 2 |
| Garages | Paved, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Laminate, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Baseboard |
| Fireplace | No |
| # of Stories | 6 |
| Stories | 6 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Other, Vinyl Siding |
|---|---|
| Lot Description | Other, Rectangular, Rectangular Lot, See Remarks |
| Construction | Other, Vinyl Siding |
School Information
| District | Auburn |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Lake Country Real Estate |
|---|