House

53 Arterial, Auburn

$265,000.00

Bedroom 6 bedrooms
Bathroom 3 baths

  • MLS #: S1669858
  • Property Type: Single Family Residence
  • Address: 53 Arterial, Auburn, NY 13021
  • County: Cayuga
  • SQFT: 2,624
  • Acres: 0.5
  • Lot Dimensions: 82X264
  • Stories: 2
  • Year Built: 1910

Location Location

Agent Comments Agent Comments
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!!

Listings provided courtesy of Jason Maddison (Phone: 315-622-2111) and Buffalo Niagra MLS


Amenities Amenities
  • Free-Standing Range
  • Gas Water Heater
  • Oven
  • Refrigerator

Interior Features Interior Features
  • Floor Covering: Carpet,Hardwood,Laminate,Varies
  • Heating: Gas,Forced Air
  • Interior Features: Ceiling Fan(s),Separate/Formal Living Room,Other,See Remarks,Bedroom on Main Level

Exterior Features Exterior Features
  • Exterior: Blacktop Driveway, Balcony
  • Foundation: Stone
  • Lot Description: Other, Near Public Transit, Rectangular, Rectangular Lot, See Remarks
  • Parking: Detached, Garage
  • Roof: Standard
  • Siding: Other, Wood Siding

Additional Features Additional Features
  • County: Cayuga
  • Property Type: Single Family Residence
  • Status Date: 3/29/2026
  • Stories: 2
  • Water/Sewer: Connected, Public
  • Year Built: 1910