$169,900

48 Clark Street, Auburn, NY 13021

  • 6 beds |
  • 3 baths |
  • 3,397 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,660sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $50/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Three Unit apartment building ~ Strong cash flow ~ Separate utilities Well-maintained three-unit multifamily property offering immediate income and long-term stability. The building consists of one four-bedroom apartment and two one-bedroom apartments, all with separate utilities, minimizing owner expenses and maximizing net returns. The four-bedroom unit has been completely remodeled, featuring updated finishes and modern appeal, making it ideal for owner-occupancy or premium rental income. The two one-bedroom units provide consistent demand and reliable cash flow. The property generates a net operating income exceeding $28,000 annually, presenting an attractive opportunity for investors seeking solid returns with limited deferred maintenance. Separate utilities, strong unit mix, and recent renovations contribute to efficient management and long-term value.

Listing Status:
Pending
Date Added:
February 4, 2026
Data Last Updated:
April 4, 2026 at 7:16AM
Listing Office:
Baier Real Estate LLC : 315-406-2717
Listing Agent:
Stephen J. Baier : 315-406-2717
MLS ID:
S1660636
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetHardwoodLaminateVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: Two or More Spaces
  • General: Composite Siding2
  • Road/Access: City Street
  • Originating MLS: NYS_S
  • School District: Auburn
  • County: Cayuga
  • Zoning: 050100-115-060-0002-005-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Stephen J. Baier , Baier Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Genesee Street Elementary School

244 Genesee St, Auburn, NY, 13021

Grades KG-6

0.63 miles away

A

Auburn Junior High School

191 Franklin St, Auburn, NY, 13021

Grades 7-8

1.56 miles away

A

Auburn High School

250 Lake Ave, Auburn, NY, 13021

Grades 9-12

1.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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