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Three-Unit Residential Income Property
For Sale
$107,000
Pending

720 MADISON ST, Rome, NY 13440

Three-unit triplex with a two-bedroom first-floor unit plus studio and one-bedroom units upstairs, sold as-is.

Property Size2,412 SF
Days on Market235

Property Features for 720 MADISON ST

General Information

Standard status Pending
Size 2,412 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $6,841

Amenities

Gas
Full
3
Other
Asphalt
4 Garage Spaces. Paved Driveway.
Vinyl
Rectangular
50X154
City Road, Rectangular.

Building Details

Year Built 1930
Listing Agency: Miner Realty & Prop Management
Listed By: Feidy Miner
Source: Xome
Added: Dec 28, 2025 Changed: Aug 12 Last Checked: Aug 19 at 6:17AM

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 Miner Realty & Prop Management

Investment Insights

Based on property information with market context.

This three-unit residential income property includes a two-bedroom unit on the first floor, along with one studio and one one-bedroom unit on the upper level. The property is vacant and is being sold as-is.

The asset is offered for sale as a multi-family investment with a straightforward unit mix across two levels.

With separate residential units configured by floor, the building provides an income-oriented layout within a single triplex structure.

Key Highlights

  • Three‑unit triplex with a 2‑bedroom unit on the first floor plus studio and 1‑bedroom units upstairs
  • Vacant and sold as‑is
  • Year built: 1930

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Computer & Electronic Repair Garden Center Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

432
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with a two-bedroom first-floor unit plus studio and one-bedroom units upstairs, sold as-is.
Where is this triplex located?
The property is located at 720 MADISON ST Rome, NY.
What is the asking price?
The asking price for this property is $107,000.
What are key features of this property?
This property features: Three‑unit triplex with a 2‑bedroom unit on the first floor plus studio and 1‑bedroom units upstairs; Vacant and sold as‑is; Year built: 1930
More about this property
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