Well-Maintained Three-Family Investment
For Sale
$179,900
112 Osborne St, Auburn, NY 13021
Three-family property with strong rental performance and separate utilities.
Days on Market97
Property Features for 112 Osborne St
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1930
Listing Agency:
The Real Estate Agency
(315) 406-2717
Listed By:
Stephen J. Baier
(315) 406-2717
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 31 at 10:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Agency
Investment Insights
Based on property information with market context.
This well-maintained three-family property presents a versatile opportunity for investors and owner-occupants. The building includes a 1-bedroom, a 2-bedroom, and a 3-bedroom unit. Each unit has separate utilities, which facilitates management and clarifies operating expenses. The property's location on the Owasco Outlet provides opportunities for canoeing, kayaking, fishing, and swimming. The current annual net operating income is $19,837, offering a turnkey investment with potential for future growth through market rent adjustments or portfolio scaling. Modernized interiors, strong rental performance, and a tenant-friendly configuration enhance its appeal. The property may be purchased in a bundle deal along with another property, offering a combined yearly NOI of $37,140 at a reduced price.
Key Highlights
- Strong rental performance with a current annual net operating income of $19,837.
- Three separate units (1‑bedroom, 2‑bedroom, and 3‑bedroom) with separate utilities for easy management.
- Located on the Owasco Outlet, offering opportunities for canoeing, kayaking, fishing, and swimming.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
960
Businesses Nearby
Explore this area
Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with strong rental performance and separate utilities.
Where is this triplex located?
The property is located at 112 Osborne St Auburn, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Strong rental performance with a current annual net operating income of $19,837.; Three separate units (1‑bedroom, 2‑bedroom, and 3‑bedroom) with separate utilities for easy management.; Located on the Owasco Outlet, offering opportunities for canoeing, kayaking, fishing, and swimming.
