48 Clark Street, Auburn, NY 13021

• 6 beds |
• 3 baths |
• 3,397 sqft

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

Interior

• Appliances: Gas Water Heater
• Basement: Full
• Flooring: CarpetHardwoodLaminateVaries
• Heating: GasForced Air
• Fireplace: Fireplaces: 0

Exterior

• Parking: Two or More Spaces

Construction

• General: Composite Siding2

Location

• Road/Access: City Street
• Originating MLS: NYS_S
• School District: Auburn
• County: Cayuga

Lot

• Zoning: 050100-115-060-0002-005-000-0000

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_S