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15-17 Wall St, Auburn, NY, 13021

7beds
3baths
2,798sqft
$154,900
$55price/sqft
$1,547/moest. monthly cost
$61,880/yrincome needed

About This Home

INVESTORS WANTED!! With ZERO utility expenses and minimal overhead, these properties generate a strong cash-flow presence, and nothing but potential! With the offering of 2 single family homes on 1 parcel, the potential is limitless. 15 Wall St offers 4 beds and 1.5 bath with generously sized bedrooms and in-unit laundry, while 17 wall offers 3 beds, 1 bath, an enclosed back entry with in unit laundry! With a current NOI of approximately $17,908, delivering a strong ~11.9% cap rate, the value is already present! The long-term tenants provide reliable income, while current rents offer clear value-add potential for future increases. This property is available to be purchased as part of a bundle with 13 Wall St, MLS#S1674966, at an asking price of $220,000.00. Portfolio highlights include a combined NOI: $30,500+, portfolio cap rate of ~13.7%, strong tenant history and occupancy, mix of duplex + single-family assets, ample off-street parking and yard space and close proximity to downtown! Whether you’re looking to expand your portfolio or secure a high-yield, stable investment, this package delivers both immediate returns and future growth potential.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

3/10
7/10
4/10
Auburn High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1877

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Ceramic Tile,Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 2,798
  • Total interior livable area: 2,798 sqft

Property

Details

  • Parcel number: 05010011504400010250000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Fence
  • Fencing: Partial

Lot

  • Lot size: 8,777 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 60 x 144

Parking

  • Parking features: Other,Paved,See Remarks,Two or More Spaces