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For sale
  • $600,000

    8/151/9 Eleven Spring State Aurelius St, Auburn, NY 13021

    5beds
    7,588sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $562,200 Zestimate®
    $79/sqft
    $-- HOA

    What's special

    Investor opportunity: 6 units across 3 buildings totaling over 7,500 sq. ft. of rental space, all conveniently located near shopping, amenities, and public transit. Properties are being sold as-is and are currently undergoing light cosmetic updates due to tenant turnover—offering immediate upside potential. Conservative gross rent projection is $7,750/month, with high-performance planning up to $9,950/month. Significant value-add potential through strategic management and lease restructuring. Some tenants may be open to new lease terms or transitioning out, allowing for fresh agreements at market rates. Strong CAP rate, equity growth potential, and long-term ROI make this an ideal addition to any investment portfolio. Don’t miss this chance to acquire three buildings in a growth market. Full financials and additional details available for qualified buyers.
    21 days
    on Zillow
    |
    278
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 09:50am

    Listing by:

    Lake Country Real Estate 315-258-9147,

    Simon J Fricano 315-870-2487

    Source: NYSAMLSs,MLS#: S1608424MLS LogoOriginating MLS: Syracuse
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 8/151/9 Eleven Spring State Aurelius St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 4
    Heating
    • Gas, Baseboard
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Laminate, Varies, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 7,588
    • Total interior livable area: 7,588 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Two or More Spaces
    • Garage spaces: 2
    Features
    • Stories: 6
    Lot
    • Size: 0.5 Acres
    • Dimensions: 100 x 400
    • Features: Other, Rectangular, Rectangular Lot, See Remarks
    Details
    • Additional parcels included: 115.44116.1, 115.41232
    • Parcel number: 05010011504300010400000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other, Vinyl Siding
    Condition
    • Resale
    • Year built: 1890

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Auburn

    Financial & listing details

    • Price per square foot: $79/sqft
    • Tax assessed value: $63,800
    • Annual tax amount: $1,487
    • Date on market: 6/18/2025
    • Listing terms: Cash,Conventional,FHA,Other,See Remarks
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