$215,000
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4 Beds
3 Baths
2,695 SqFt
SOLD DATE : 06/09/2025
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,695 sqft
Price per Sqft $79
Subdivision Ua Wright Surveyor
MLS Listing ID R1595047
Sold Date 06/09/25
Style Triplex
Bedrooms 4
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1890
Annual Tax Amount $5,284
Lot Size 8,690 Sqft
Acres 0.1995
Lot Dimensions 43X198
Property Sub-Type Multi Family
Property Description
Welcome to this outstanding investment opportunity! This triplex features well-maintained units, each providing a steady stream of income. The property combines modern updates with classic charm, making it an ideal addition to any investor's portfolio. Units 1 and 2 each offer 1 bedroom and 1 bathroom, thoughtfully updated to provide comfortable and contemporary living spaces for tenants. Unit 3 is a larger unit with 2 bedrooms and 1 bathroom, perfect for tenants who desire extra space. This unit has also been recently updated, ensuring a modern living experience. Each unit has had many renovations in the last few years, enhancing the living spaces with updated fixtures, painting, and appliances. These improvements elevate the aesthetic appeal of the property. Tenants are responsible for all utilities, except for water and sewer, which are covered by the landlord. This arrangement simplifies management and provides a predictable expense structure for the property owner. This property offers a strong return on investment with its fully rented units and modern upgrades. Whether you're a seasoned investor or new to property ownership, this residence provides a perfect blend of stability and growth potential. Additionally, you could consider transitioning to owner-occupied once a lease expires, allowing for personal use of one unit. Don't miss out on this exceptional opportunity to acquire a fully rented, updated property!
Location
State NY
County Cayuga
Community Ua Wright Surveyor
Area Auburn-050100
Direction Genesee St to Morris. House on Right. Sign on premises.
Rooms
Basement Full, Sump Pump
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard, Hot Water
Flooring Hardwood, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Washer Hookup
Exterior
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Cedar,Shake Siding
Construction Status Existing
Schools
Elementary Schools Herman Avenue Elementary
Middle Schools Auburn Junior High
High Schools Auburn High
School District Auburn
Others
Senior Community No
Tax ID 050100-116-039-0002-056-000-0000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Century 21 Galloway Realty