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
| Office | River Hills Properties LLC Rome |
|---|
