Auburn city, Cayuga County New York
· 2,616 sq.ft · 6 Bedrooms · 3 Baths · House
· Garden · Equipped kitchen · Parking
Auburn city, Cayuga County New York · 2,616 sq.ft · 6 Bedrooms · 3 Baths · House · Garden · Equipped kitchen · Parking
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 po
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 po