301 N Madison Street, Rome, NY

$229,900

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9

Beds

4

Baths

5,070

Square feet

0.06

Acres

About 301 N Madison Street

ESTABLISHED THREE-UNIT INVESTMENT OPPORTUNITY IN ROME! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one. Located in downtown Rome, this property offers convenient access to local shops, restaurants, services and other downtown amenities, with the added benefit of being within walking distance to many area destinations. The property is also centrally located for commuters, with easy access to surrounding communities and nearby cities, approximately 15 minutes to New Hartford and about an hour to Syracuse. The property is conveniently located near Griffiss Business & Technology Park and the continued investment and development taking place throughout the Rome and Mohawk Valley region, including major employers and projects such as Chobani and Micron. This location places investors in an area experiencing significant ongoing development and growth. Well maintained and ready for a new owner, this three-unit property offers the opportunity to step into an established rental property with long-term tenants already in place. A great addition to an existing investment portfolio or an opportunity to begin building one in the Rome market.

Features of 301 N Madison Street

MLS® # S1716453
Price $229,900
Bedrooms 9
Bathrooms 4.00
Full Baths 4
Square Footage 5,070
Square Footage 2614
Acres 0.06
Year Built 1909
Type Residential
Sub-Type Multi Family
Style Triplex
Status Active

Community Information

Address 301 N Madison Street
Area Rome-Inside
City Rome
County Oneida
State NY
Zip Code 13440

Amenities

Utilities Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Features Rectangular, Rectangular Lot
Parking Paved, Two or More Spaces
Garages Paved, Two or More Spaces
Is Waterfront No
Has Pool No

Interior

Interior Laminate, Varies, Vinyl
Appliances Gas Water Heater
Heating Gas, Forced Air
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full

Exterior

Exterior Aluminum Siding, Vinyl Siding
Lot Description Rectangular, Rectangular Lot
Windows Storm Window(s), Thermal Windows
Roof Metal
Construction Aluminum Siding, Vinyl Siding
Foundation Stone

School Information

District Rome
Middle Lyndon H Strough Middle
High Rome Free Academy

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeRiver Hills Properties LLC Rome

Listing Map

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