Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    126 Turin St Rome, NY 13440

    View on Map
    Sponsored
    For Sale
    $190,000

    MULTI_FAMILY - Other - Rome, NY

    Property size:
    3,094 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 15 at 7:06 am

    Property Features for 126 Turin St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 5, Basement, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    5
    Bathrooms
    4
    APN
    301301-242-035-0001-027-000-0000
    Parking features
    Garage
    Interior features
    SlidingGlassDoors
    Appliances
    ElectricWaterHeater
    Size
    3,094 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Varies, Vinyl, Laminate, Tile, Hardwood
    Building materials
    VinylSiding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Calvin J. Lyon

    Pondras Homes & Hearth Realty, LLC (315) 853-7251

    Listing agent Calvin J. Lyon (315) 853-7251 License #30LY1065765

    Listing date Mar 13, 2026

    MLS# S1649573 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Three-Unit Multifamily Building in Rome

    This three-unit multifamily building presents an opportunity for investors or those looking to build a portfolio. The first-floor unit features two bedrooms, a living room, a dining room, a kitchen, and laundry facilities in the basement. The second-floor unit includes two bedrooms, a living room, and a kitchen. The third unit comprises a living room, a kitchen, and one bedroom. The garage is currently used by the first-floor tenant. The owner covers all utilities (heat and electric) for the two-bedroom apartments, while the one-bedroom apartment has separate meters and pays for its own heat and electric. There are separate meters, but only two furnaces, with one heating the main apartments. Two units are currently occupied, and the third unit (one-bedroom) is vacant. The property is located in Rome, NY, and is situated on a 0.14-acre lot. The building has a total size of 3094 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Appe Lake Casino Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.452492
    Latitude
    43.218231

    Nearby Similar for Sale

    • $319,900
      1,204 SF

      Established Restaurant Opportunity on Route 26

      Well-established ice cream shop/restaurant on a high-visibility, heavily trafficked location.
      8200 Turin Rd, Rome, NY 13440
      View Details
    • $319,900
      1,204 SF

      Established Restaurant Opportunity on Route 26

      Well-established ice cream shop/restaurant with high visibility and loyal customer base.
      8200 Turin Rd, Rome, NY 13440
      View Details
    • $159,900
      2,123 SF

      Turn-Key Salon in Downtown Rome

      Restored commercial space ideal for salon owners and entrepreneurs.
      210 N George St, Rome, NY 13440
      View Details
    • $90,000
      2,500 SF

      Commercial Pole Barn in Rome

      2,500 sq ft commercial pole barn on half acre lot.
      312 S James St, Rome, NY 13440
      View Details
    • $149,900
      3,004 SF

      Spacious Two-Unit Property in Rome

      Two-unit property with over 3000 sq ft and large backyard.
      315 Lawrence St, Rome, NY 13440
      View Details
    • $590,000
      2.69 Acres

      Commercial Property in Rome, NY

      Commercial property for sale in Rome, New York.
      7199 River Rd, Rome, NY 13440
      View Details
    • $319,900

      Established Restaurant with High Visibility

      Well-maintained restaurant with loyal customer base on heavily trafficked road.
      8200 Turin Rd, Rome, NY 13440
      View Details
    • $499,000

      Renovated Commercial Building with Warehouse

      Versatile commercial building with warehouse space and recent upgrades.
      310 S James St, Rome, NY 13440
      View Details
    • $259,000
      3,181 SF

      Remodeled Income-Producing Three-Family Property

      Fully remodeled three-family property in Rome, NY, ready for occupancy.
      114 W Embargo St, Rome, NY 13440
      View Details
    • $329,000
      5,280 SF

      Multifamily Property in Rome, NY

      Multifamily buildings suitable for investors in Rome, NY.
      601-603 N Washington St, Rome, NY 13440
      View Details
    • $379,900
      Pending

      Turnkey Investment Property in Rome

      7-unit property with strong returns and long-term tenants.
      214 W Court St, Rome, NY 13440
      View Details
    • $174,900
      2,064 SF

      Mixed-Use Property with Commercial Space

      Versatile property with commercial space and residential apartment.
      624 Black River Blvd N, Rome, NY 13440
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property, ideal for investors or portfolio building.
    Where is this triplex located?
    The property is located at 126 Turin St Rome, NY.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Three-unit multi-family building - investment opportunity.; - Two units currently occupied, providing immediate rental income.; - First floor unit includes in-unit laundry in basement.
    (315) 527-3723
    Request Owner's contact information
    126 Turin St Rome, NY 13440
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    126 Turin St
    Rome, NY 13440
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Turin St Rome, NY 13440
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Calvin J. Lyon
    Real Estate License ID: 30LY1065765
    (315) 527-3723 (315) 853-7251
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!