253 Genesee ST, Auburn, NY 13021
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253 Genesee ST, Auburn, NY 13021
253 Genesee ST, Auburn, NY 13021
253 Genesee ST, Auburn, NY 13021
253 Genesee ST, Auburn, NY 13021
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Mark Gilbo

Mark Gilbo

+1(315) 804-4847
$ 369,900
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253 Genesee ST Auburn, NY 13021

6 Beds

6,423 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,423 sqft

Price per Sqft $57

Subdivision Mabk Investments Llc

MLS Listing ID S1721956

Bedrooms 6

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,509

Lot Size 0.293 Acres

Acres 0.293

Lot Dimensions 64X199

Property Sub-Type Other

Property Description

ATTENTION INVESTORS! Excellent income producing opportunity in the City of Auburn! Add this fully occupied 5-unit multifamily property to your investment portfolio! Featuring four 1-bedroom apartments and one 2-bedroom apartment with plenty of off-street parking, this property generates approximately $4,900 in monthly rental income, totaling an impressive $58,800 in annual gross income! Separate gas and electric meters with tenants paying their own utilities make this an attractive investment opportunity with reduced owner-paid utility expenses. Enjoy the benefits of an established tenant base, multiple income streams, and immediate rental income from day one! Conveniently located and very walkable, near city bus route, shopping, dining, schools, employment, and local amenities. 5-units, full occupancy, tenant paid utilities, and strong income potential, you don't want to miss this opportunity!

Location

State NY

County Cayuga

Community Mabk Investments Llc

Area Auburn-050100

Direction From downtown Auburn, head west on Genesee St/Route 20. Property will be on your left.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Hardwood, Varies, Vinyl

Furnishings Unfurnished

Fireplace No

Appliance Electric Water Heater

Exterior

Exterior Feature Blacktop Driveway

Community Features Other, See Remarks

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Garage No

Building

Lot Description Irregular Lot, Near Public Transit

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Other,See Remarks

Construction Status Existing

Schools

School District Auburn

Others

Senior Community No

Tax ID 050100-115-074-0001-036-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1721956

Listed by Candy Costa Real Estate LLC

Nearby Locations

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Mark Gilbo

Mark Gilbo

NY & FL Broker License ID: 10491206207

+1(315) 804-4847

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253 Genesee ST