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    115 North St Auburn, NY 13021

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    For Sale
    $399,000

    Six-unit building in Auburn with updated apartments and month-to-month leases.

    Lot size:
    0.61 Acres

    Property Features for 115 North St

    General Information

    Lot size
    0.61 Acres

    Building Details

    Year built
    1920

    Source: John Sweeney Real Estate,Inc. Agent John T. Sweeney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Auburn 6-Unit Multifamily Property

    This is a six-unit building located in Auburn. The property features long-term tenants on month-to-month leases. Many updates have been made to the apartments, including kitchen and bath remodels. The tenants like the building and its location.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Cayuga
    State
    New York
    Longitude
    -76.5671254
    Latitude
    42.9385282

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building in Auburn with updated apartments and month-to-month leases.
    Where is this apartment building located?
    The property is located at 115 North St Auburn, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Six-unit building offers immediate income potential.; - Updated kitchens and bathrooms enhance tenant appeal.; - Month-to-month leases provide flexibility for new owner.
    (315) 415-7500
    Request Owner's contact information
    115 North St Auburn, NY 13021
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    Auburn, NY 13021
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    Realmo Value Estimation

    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.

    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.

    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
    115 North St Auburn, NY 13021
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