Remodeled 3-Unit Multifamily
53 Arterial W Auburn, NY 13021
53 Arterial W, Auburn, NY, 13021
$265,000
For Sale
$265,000
Three fully renovated units are currently occupied, generating $3,700 per month in total rental income.
Days on Market113
Property Features for 53 Arterial W
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
(315) 622-2111
Listed by
Jason Maddison
(315) 622-2111
Source
Elliman
Added: Mar 31 Updated: Jul 20 at 6:36PM Checked: Jul 21 at 6:55AM
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 Jason Maddison
Investment Insights
Based on property information with market context.
This remodeled 3-unit multifamily property offers three separate rental units with a current total rent of $3,700 per month ($44,400 per year), with all units occupied. The unit mix includes a spacious 3-bedroom unit, a 2-bedroom unit, and a 1-bedroom unit, each described as producing monthly rental income. The home has undergone major capital improvements, including a new roof, updated electric, new plumbing, new interior paint, new flooring throughout, modernized kitchens with new cabinets and sinks, updated bathrooms, new appliances, seven new windows, new heating systems, a new hot water heater, and an updated electric panel with circuit breakers.
Outside, the property features a large backyard, a 3-car garage, and two units with private porches. Located close to shopping, dining, schools, and parks, with access to Route 5 and Route 34, the property is presented as move-in ready for income-focused ownership.
Outside, the property features a large backyard, a 3-car garage, and two units with private porches. Located close to shopping, dining, schools, and parks, with access to Route 5 and Route 34, the property is presented as move-in ready for income-focused ownership.
Key Highlights
- Remodeled 3‑unit multifamily built in 1910 with all three units currently occupied.
- Total rental income is $3,700/month ($44,400/year) with units renting for $1,300 (3BR), $1,200 (2BR), and $1,200 (1BR).
- Major renovations include new roof, updated electric, new plumbing, new interior paint, new flooring, updated bathrooms, new appliances, and modernized kitchens with new cabinets & sinks.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three fully renovated units are currently occupied, generating $3,700 per month in total rental income.
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 $265,000.
What are key features of this property?
This property features: Remodeled 3‑unit multifamily built in 1910 with all three units currently occupied.; Total rental income is $3,700/month ($44,400/year) with units renting for $1,300 (3BR), $1,200 (2BR), and $1,200 (1BR).; Major renovations include new roof, updated electric, new plumbing, new interior paint, new flooring, updated bathrooms, new appliances, and modernized kitchens with new cabinets & sinks.
