Three-Unit Residential
For Sale
$237,405
53 Orchard Street, Auburn, NY 13021
Residential, Auburn, NY
Property Size2,603 SF
Lot Size0.16 Acres
Price / SF$91.20
Days on Market47
Property Features for 53 Orchard Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 3, Basement
Parking features
Paved or Surfaced
Patio and Porch features
Porch
Appliances
ElectricWaterHeater, GasWaterHeater
Subdivision
53 Orchard Street
Lot features
Rectangular, Rectangular Lot, Residential Lot
Middle school
Auburn Junior High
High school
Auburn High
Elementary school district
Auburn
Middle school district
Auburn
High school district
Auburn
Standard status
Active
APN
050100-115-059-0001-042-000-0000
Size
2,603 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
1585
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1850
Floors in Building
2
Number of units
3
Flooring type
Laminate, Resilient, Varies
Building materials
AluminumSiding
Listing Agency:
Candy Costa Real Estate LLC
Listed By:
Tiffany Mosher · License #10401245757
(315) 505-6609
Added: Sep 20
Changed: Nov 2
Last Checked: Nov 5 at 12:06AM
MLS# S1716237
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This triplex contains 2,603 square feet across three apartments, with six bedrooms and three bathrooms in total. One unit has four bedrooms and one bathroom; each of the other two has one bedroom and one bathroom. The property was built in 1850 and has aluminum siding, varied flooring, and a porch.
Additional features include forced-air heating fueled by natural gas, public water, and paved parking. The 0.1612-acre parcel is located in Auburn, New York.
Additional features include forced-air heating fueled by natural gas, public water, and paved parking. The 0.1612-acre parcel is located in Auburn, New York.
Key Highlights
- Three units with a combined 6 bedrooms and 3 bathrooms
- Unit mix includes one 4‑bedroom apartment and two 1‑bedroom apartments
- 2,603 square feet on a 0.1612‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,949
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,980
$419.0K
Cap Rate 7%
$299,271
$299.3K
Cap Rate 9%
$232,767
$232.8K
Market Conditions
NOI Build-Up for 2,603 SF
Gross rent
$40.6K $15.60/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$38.1K $14.63/SF
− OpEx
−$17.1K −$6.58/SF
NOI
$20.9K $8.05/SF
Area
Cayuga County, NY
Vacancy
6.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,980
Cap Rate 7%
$299,271
Cap Rate 9%
$232,767
Alternative Uses
Best Use
Multifamily LT 5
$335.9K
$293.9K – $391.9K
NOI $23,511 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$299.3K
$261.9K – $349.2K
NOI $20,949 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$576.9K
$504.8K – $673.0K
NOI $40,382 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,230
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer a six-bedroom, three-bathroom configuration with varied unit sizes.
Where is this triplex located?
The property is located at 53 Orchard Street Auburn, NY.
What is the asking price?
The asking price for this property is $237,405.
What are key features of this property?
This property features: Three units with a combined 6 bedrooms and 3 bathrooms; Unit mix includes one 4‑bedroom apartment and two 1‑bedroom apartments; 2,603 square feet on a 0.1612‑acre lot
