1 Erie Street N, Macedon, NY 14502
MULTI_FAMILY - Other - Macedon, NY
- Added:
- Jun 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 14 at 12:06 pm
Property Features for 1 Erie Street N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Basement, Bedroom 2
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- NaturalWoodwork
- Exterior features
- EnclosedPorch, Porch
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 543000-062-111-0008-889-934-0000
- Size
- 2,338 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5973
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1870
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl, Carpet, Varies
- Building materials
- CompositeSiding, CopperPlumbing
- Roof type
- Asphalt, Metal
- Architectural style
- Other
Listing agent Kimberlee J. Meeks License #10401248340 (315) 331-7070
Listing office Doebler Realty, LLC 614 S Main St, Newark, NY (315) 331-7070
Listing date Jun 9, 2026
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.
HighLights
- 3‑family property at 1 N Erie St, Macedon, NY 14502 in Palmyra‑Macedon School District
- Gross monthly revenue listed as $3,100; 3,000? (garage apartment included per remarks) with 3‑family layout across main house and detached garage
- Detached 2‑story garage includes a private third apartment on the second floor above the garage spaces
- Tenant‑paid utilities: separate gas and electric meters; owner pays water and garbage removal
- Recent updates noted: newer metal roof, sewer line, and updated electrical with newly installed panel boxes, plus upgraded windows and cosmetic improvements
- Seller term mentioned: owner financing available with 30% down for a well‑qualified buyer; price listed at $225,000
Overview
According to the seller, recent improvements include a newer metal roof on the main house, sewer line work, an updated electrical system with newly installed panel boxes, upgraded windows, and various cosmetic improvements. Utility setups include tenant-paid gas and electric via separate gas and electric meters, while the owner pays water and garbage removal.
The layout provides privacy among tenants by separating the third unit above the detached garage, while the main house supports two additional apartments that are described as easy to rent. For buyers seeking an owner-occupant option, the configuration allows for living in one unit while collecting rent from the others. The listing also notes owner financing may be available for a well-qualified buyer with a 30% down payment, and the seller is reviewing offers on Tuesday, June 16, 2026.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $13.80 |
| − Vacancy | −$3.8k | −$1.62 |
| EGI | $28.5k | $12.18 |
| − OpEx | −$8.5k | −$3.66 |
| NOI | $19.9k | $8.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Macedon
- County
- Wayne
- State
- New York
- Longitude
- -77.299296
- Latitude
- 43.069846
