3 Unit apartment house - $345,000
73 E Genesee St. Auburn, NY
(CNY, Finger lakes, Syracuse area)
Profitable business property
INCOME: $3950/monthly, $47,400 annual
EXPENSES: Taxes: $5371 Water: $1200 Insurance: $734
All separate Utilities paid by Tenants
NET Income: $40,095
*** The Zestimate price and Tax Assessment price on this property are NOT relevant to the actual valuation as an Income Business - not a single family residence.
The listing price is based on the Income vs. Expenses of this property as an Income Property Business. With $3950 of rental income, the ability to pay a mortgage on $345k is easily achieved with surplus funds to cover additional expenses.
Fully occupied.
3 large full floor apartments with separate utilities.
Apt #1 - $1450 - 3br, 1 bath, kitchen, LR, Laundry.
Apt #2 - $1450 - 3br, 2 bath, kitchen, LR, Laundry.
Apt #3 - $1050 - 2br, 1 bath, kitchen, LR loft
Excellent condition and income
Hardwood floors, beautiful front and side porch, recent paint, recent roof, circuit breaker electrical panels, high efficiency furnaces, recent water heaters
You can look up more public information about this property at:
https://imate.cayugacounty.us/index.aspx
*** Owner financing available
For sale by owner
$345,000
73 E Genesee St, Auburn, NY 13021
8beds
3,968sqft
MultiFamily
Built in 1905
-- sqft lot
$194,500 Zestimate®
$87/sqft
$-- HOA
What's special
Recent roofCircuit breaker electrical panelsRecent water heatersRecent paintHigh efficiency furnacesHardwood floors
What the owner loves about this home
Desirable East side location near St. Alphonse's Church and private School.
A short walk to the beautiful Hoopes park and Herman Elementary School.
Close walk to scenic Downtown restaurants and pubs.
- 31 days
- on Zillow |
- 637 |
- 30 |
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