




53 Arterial W, Auburn, NY, 13021
About This Home
STUNNING REMODELED 3-UNIT MULTI-FAMILY IN THE UP-AND-COMING AUBURN MARKET!! TURNKEY INVESTMENT OPPORTUNITY WITH ALL UNITS OCCUPIED AND PRODUCING STRONG CASH FLOW!! TOTAL RENTAL INCOME OF $3,700/MONTH ($44,400/YEAR) WITH A PROJECTED CAP RATE OF APPROX. 13% AT A $265,000 PURCHASE PRICE!! UNIT BREAKDOWN INCLUDES A SPACIOUS 3-BEDROOM UNIT RENTED AT $1,300/MONTH, A 2-BEDROOM UNIT RENTED AT $1,200/MONTH, AND A 1-BEDROOM UNIT RENTED AT $1,200/MONTH—IDEAL FOR INVESTORS SEEKING IMMEDIATE INCOME AND LONG-TERM APPRECIATION!! PROPERTY HAS BEEN FULLY RENOVATED WITH MAJOR CAPITAL IMPROVEMENTS INCLUDING A NEW ROOF, UPDATED ELECTRIC, NEW PLUMBING, NEW INTERIOR PAINT, NEW FLOORING THROUGHOUT, MODERNIZED KITCHENS WITH NEW CABINETS & SINKS, UPDATED BATHROOMS, NEW APPLIANCES, SEVEN NEW WINDOWS, NEW HEATING SYSTEMS, NEW HOT WATER HEATER, NEW ELECTRIC PANEL WITH CIRCUIT BREAKERS, AND MORE!! EXTERIOR FEATURES INCLUDE A LARGE BACKYARD, 3-CAR GARAGE FOR ADDITIONAL INCOME OR TENANT USE, AND TWO UNITS WITH PRIVATE PORCHES!! PRIME LOCATION CLOSE TO SHOPPING, DINING, SCHOOLS, PARKS, ROUTE 5 & ROUTE 34, MAKING THIS A HIGH-DEMAND RENTAL PROPERTY!! PERFECT FOR INVESTORS LOOKING FOR A CASH-FLOW OR OWNER OCCUPANTS SEEKING TO HOUSE HACK AND BUILD EQUITY!! MOVE-IN READY • INCOME PRODUCING • STRONG ROI • SCHEDULE YOUR SHOWING TODAY!!
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1910
Materials
- Roof: Asphalt
- Construction materials: Other,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Washer Hookup
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s)
- Flooring: Carpet,Hardwood,Laminate,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 2,624
- Total interior livable area: 2,624 sqft
Property
Details
- Parcel number: 05010011603800020120000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony,Private Yard,See Remarks
Lot
- Lot size: 0.50 Acres
- Features: Near Public Transit,Rectangular,Rectangular Lot
- Lot size dimensions: 82 x 264
Parking
- Total spaces: 3
- Parking features: Paved,Parking Available
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
