53 Arterial W, Auburn, NY

$265,000

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6

Beds

3

Baths

2,624

Square feet

0.50

Acres

About 53 Arterial W

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!!

Features of 53 Arterial W

MLS® # S1669579
Price $265,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 2,624
Square Footage 21780
Acres 0.50
Year Built 1910
Type Residential
Sub-Type Multi Family
Style Triplex
Status Active

Community Information

Address 53 Arterial W
Area Auburn
City Auburn
County Cayuga
State NY
Zip Code 13021

Amenities

Utilities Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Features Near Public Transit, Rectangular, Rectangular Lot
Parking Paved, Parking Available
# of Garages 3
Garages Paved, Parking Available
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Hardwood, Laminate, Varies
Interior Features Ceiling Fan(s)
Appliances Gas Water Heater
Heating Gas, Forced Air
Fireplace No
# of Stories 2
Stories 2
Has Basement Yes
Basement Full

Exterior

Exterior Other, Wood Siding
Exterior Features Balcony, Private Yard, See Remarks
Lot Description Near Public Transit, Rectangular, Rectangular Lot
Roof Asphalt
Construction Other, Wood Siding

School Information

District Auburn

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeHoward Hanna Real Estate

Listing Map

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