$265,000

53 Arterial West, Auburn, NY 13021

  • 6 beds |
  • 3 baths |
  • 2,624 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

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!!

Listing Status:
Active
Date Added:
March 29, 2026
Data Last Updated:
April 5, 2026 at 6:16AM
Listing Office:
Howard Hanna Real Estate : 315-622-2111
Listing Agent:
Jason Maddison : 315-622-2111
MLS ID:
S1669858
  • General: Ceiling Fan(s)Separate/Formal Living RoomOtherSee RemarksBedroom on Main Level
  • Appliances: Free-Standing RangeGas Water HeaterOvenRefrigerator
  • Basement: Full
  • Flooring: CarpetHardwoodLaminateVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • General: Blacktop DrivewayBalcony
  • Style: OtherSee Remarks
  • Other Structures: Balcony
  • Parking: DetachedGarage
  • Roofing: Asphalt
  • General: OtherWood Siding2Stone
  • Originating MLS: NYS_S
  • School District: Auburn
  • County: Cayuga
  • Zoning: 050100-116-038-0002-012-000-0000
  • Utilities: Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Jason Maddison , Howard Hanna Real Estate

Monthly Payment

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

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Location

Schools Nearby

H

Herman Avenue Elementary School

2 N Herman Ave, Auburn, NY, 13021

Grades KG-6

0.77 miles away

A

Auburn Junior High School

191 Franklin St, Auburn, NY, 13021

Grades 7-8

0.81 miles away

A

Auburn High School

250 Lake Ave, Auburn, NY, 13021

Grades 9-12

1.85 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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