Three-Unit Multifamily
For Sale
$229,900
301 N Madison St, Rome, NY 13440
Every unit is occupied by a long-term tenant, supporting continuity of rental operations.
Property Size5,070 SF
Days on Market8
Property Features for 301 N Madison St
General Information
Standard status
Active
Size
5,070 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,227
Building Details
Building Size
5,070 SF
Year Built
1909
Units
3
Tenancy
Multi
Listing Agency:
River Hills Properties
Listed By:
Dana Chirillo · License #10401328023
(315) 525-3740
Source:
Elliman
Added: Sep 28
Changed: Sep 29
Last Checked: Oct 4 at 11:05AM
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 River Hills Properties
Investment Insights
Based on property information with market context.
This three-unit multifamily property was built in 1909, and all three units are occupied by long-term tenants. The existing tenancy gives a new owner an established rental operation to take over.
The property is in downtown Rome, near shops, restaurants, services, and other downtown destinations. Griffiss Business & Technology Park is also nearby. New Hartford is approximately 15 minutes away, while Syracuse is about an hour by car. The property has a Walk Score of 62, rated Somewhat Walkable, and a Bike Score of 54, rated Bikeable.
The property is in downtown Rome, near shops, restaurants, services, and other downtown destinations. Griffiss Business & Technology Park is also nearby. New Hartford is approximately 15 minutes away, while Syracuse is about an hour by car. The property has a Walk Score of 62, rated Somewhat Walkable, and a Bike Score of 54, rated Bikeable.
Key Highlights
- Three units, all currently occupied by long‑term tenants
- Built in 1909
- Downtown Rome location near shops, restaurants, and services
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
Explore this area
Business Placement
Demographics for 13440, NY
41,024
Population
19,286
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
116.5 sq mi
ZIP Area
352
Density / Sq Mi
$65,497
Median Household Income
$43,747
Median Earnings
$863
Median Rent
$155,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Every unit is occupied by a long-term tenant, supporting continuity of rental operations.
Where is this triplex located?
The property is located at 301 N Madison St Rome, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Three units, all currently occupied by long‑term tenants; Built in 1909; Downtown Rome location near shops, restaurants, and services
