About 15-17 Wall Street
Investors and owner occupied buyers, welcome to 15-17 Wall St! These 2 single family homes on one parcel offers its next owner the potential to occupy one single family home while someone pays your mortgage in the other, or is a perfect addition to add to your portfolio! With ZERO utility expenses and minimal overhead, these properties generate a strong cash-flow presence, and nothing but potential! With the offering of 2 single family homes on 1 parcel, the potential is limitless. The front house(17 Wall) offers 4 beds and 1.5 baths with generously sized bedrooms, one being on the first floor and in-unit laundry, while the back house(15 Wall) offers 3 large bedrooms, 1 bath, an enclosed back entry, and in unit laundry. With a current NOI of approximately $17,908, delivering a strong ~11.9% cap rate, the value is already present! The long-term tenants provide reliable income, while current rents offer clear value-add potential for future increases. Whether you’re looking to expand your portfolio or secure a high-yield, stable investment, this property delivers both immediate cash flow and future growth potential.
Features of 15-17 Wall Street
| MLS® # | S1674990 |
|---|---|
| Price | $154,900 |
| Bedrooms | 7 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,798 |
| Square Footage | 8776 |
| Acres | 0.20 |
| Year Built | 1877 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 15-17 Wall Street |
|---|---|
| Area | Auburn |
| City | Auburn |
| County | Cayuga |
| State | NY |
| Zip Code | 13021 |
Amenities
| Utilities | Sewer Connected, Water Connected, Other, See Remarks |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Other, Paved, See Remarks, Two or More Spaces |
| Garages | Other, Paved, See Remarks, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Ceramic Tile, Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Fence |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Vinyl Siding |
School Information
| District | Auburn |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Sun Harvest Realty Inc. |
|---|
