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    53 Arterial W Auburn, NY 13021

    For Sale
    $290,000

    Fully remodeled 3-unit multi-family property, ideal for investors/owner occupants.

    Lot size:
    0.50 Acres

    Property Features for 53 Arterial W

    General Information

    Lot size
    0.50 Acres

    Building Details

    Year built
    1910

    Source: Howard Hanna Real Estate Agent Jason Maddison

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

    Overview

    Remodeled Multi-Family Property in Auburn

    This fully remodeled three-unit multi-family property is located in Auburn. The units consist of one three-bedroom unit renting for $1300, one two-bedroom unit renting for $1200, and one one-bedroom unit. The one-bedroom unit is currently vacant, suitable for an owner-occupant or for setting a desired rent rate. The property features a new roof, new electric and plumbing systems, new interior paint, new flooring, and two bathrooms with cultured marble tub surrounds. It also includes new appliances, seven newly installed windows, new heating systems, new kitchen cabinets and sinks, a new hot water heater, a new electric box, and new circuit breakers. Additional features include a large backyard, a three-car garage, and porches for two of the units. This turnkey income property has a strong rental history and is suitable for investors or owner-occupants. The property is conveniently located near shopping, dining, schools, and parks.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -76.5583771
    Latitude
    42.9362959

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    FAQs

    What type of property is this?
    Triplex - Fully remodeled 3-unit multi-family property, ideal for investors/owner occupants.
    Where is this triplex located?
    The property is located at 53 Arterial W Auburn, NY.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Fully remodeled multi-family property, offering a turnkey investment or owner-occupancy opportunity.; - Strong rental income potential with two units currently rented for $2500 per month.; - Vacant 1-bedroom unit provides immediate income potential or owner-occupancy option.
    (315) 622-2111
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    53 Arterial W 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
    53 Arterial W Auburn, NY 13021
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