$225,000

1 Erie Street North, Macedon, NY 14502

  • 5 beds |
  • 3 baths |
  • 2,338 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Prime Investment Opportunity: Versatile 3-Family Property with Owner Financing Available! 1 N Erie St, Macedon, NY 14502 Gross Monthly Revenue: $3,100 Square footage includes the garage apartment Price: $225,000 Property Overview: Unlock incredible cash flow or live for next to nothing with this unique, multi-unit residential property in the heart of Macedon! Situated on a spacious lot in the Palmyra-Macedon School District, this 3-family property offers an ideal setup for an investor looking to expand their portfolio or an owner-occupant wanting their tenants to pay the mortgage. The Units: The property features an intelligent layout spread across a main house and a detached multi-story garage structure, offering excellent privacy for all tenants: Main House: Features two distinct, easy-to-rent apartments. Detached 2-Story Garage: Features a private, third apartment situated entirely on the second floor above the garage spaces. Key Features & Recent Updates Peace of mind comes standard here. The owner has taken excellent care of the major capital expenditures, meaning you can collect rent without worrying about immediate overhead. Recent improvements include: Main House: Newer metal roof for ultimate durability and low maintenance, sewer line, updated electrical system featuring newly installed panel boxes. Numerous upgraded windows and numerous cosmetic improvements throughout. Tenant-Paid Utilities: Separate gas and electric meters keep your landlord expenses incredibly low. Owner pays water and garbage removal. Flexible Seller Terms Opportunities like this don't come along often—the owner will consider holding the mortgage for a well-qualified buyer with a 30% down payment. Skip the strict bank guidelines and take advantage of flexible owner-financing terms to secure your next asset. Whether you're looking to capitalize on a $3,100/month turnkey revenue stream or want to live in one unit and have the tenants pay the majority of your living expenses, this property is a great investment. Schedule your private showing today and explore the potential! The seller is reviewing all offers on Tuesday, June 16, 2026

Listing Status:
Active
Date Added:
June 9, 2026
Data Last Updated:
July 5, 2026 at 1:18AM
Listing Office:
Doebler Realty, LLC : 315-331-7070
Listing Agent:
Kimberlee J. Meeks : 315-331-7070
MLS ID:
R1688848
  • General: Natural Woodwork
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetVariesVinyl
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • General: Enclosed PorchPorch
  • Style: Triplex
  • Parking: GaragePavedTwo or More Spaces
  • Roofing: AsphaltMetal
  • Windows: Thermal Windows
  • General: Composite SidingCopper Plumbing2
  • Road/Access: City Street
  • Originating MLS: NYS_R
  • School District: Palmyra-Macedon
  • County: Wayne
  • Zoning: 543000-062-111-0008-889-934-0000
  • Utilities: Cable AvailableHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit BreakersFuses
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_R

This listing courtesy of Kimberlee J. Meeks , Doebler Realty, LLC

Monthly Payment

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

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