Presenting a well-maintained three-family property offering strong rental performance and versatility for both investors and owner-occupants alike. The building features a 1-bedroom, 2-bedroom and a 3-bedroom, each with separate utilities, ensuring easy management and cleaner operating expenses. This home is situated on the Owasco Outlet affording the opportunity for canoeing, kayaking, fishing and swimming.
Current annual net operating income stands at $19,837, providing an attractive turnkey investment opportunity with room for future upside through market rent adjustments or continued portfolio scaling.
A smart and stable addition to any investor’s holdings—modernized interiors, strong rental performance, and a configuration that appeals to today’s tenants make this one a standout.
This home may be purchased in a bundle deal along with 73 Arterial West, MLS #S1657399, offering a combined yearly NOI of $37,140 at a reduced price of $338,900.
Directions: Lake Ave to Osborne. House is on the right.
Property Details
Property Id: 565927
Price: $ 179,900
Property Size:1,984.00 ft2
Property Lot Size:0.19 ac
Bedrooms: 6
Bathrooms: 3
Waterfront Y/N: No
Basement: Full
Bathrooms Full: 3
Bathrooms Total: 3
Bedrooms Total: 6
Building Sq Ft Total: 1984
Directions: Lake Ave to Osborne. House is on the right.
Elementary School District: Auburn
Flooring: Hardwood, Tile, Varies, Vinyl
Heating: Gas, ForcedAir
High School District: Auburn
Latitude: 42.927044
Levels: Two
List Office Name: Baier Real Estate LLC
List Office Phone: 315-406-2717
List Price: 179900
Listing Id: S1657402
Living Sq Ft: 1984
Longitude: -76.557732
Lot Features: Rectangular, RectangularLot, ResidentialLot
Acres: 0.19
Lot Acres: 0.19
Lot Dimensions: 69X100
Middle School District: Auburn
Status: Active
Operating Expense Includes: Other, SeeRemarks
Photos: 18
Possession: CloseOfEscrow
Postal City: Auburn
Zip Code: 13021
Description: Presenting a well-maintained three-family property offering strong rental performance and versatility for both investors and owner-occupants alike. The building features a 1-bedroom, 2-bedroom and a 3-bedroom, each with separate utilities, ensuring easy management and cleaner operating expenses. This home is situated on the Owasco Outlet affording the opportunity for canoeing, kayaking, fishing and swimming.
Current annual net operating income stands at $19, 837, providing an attractive turnkey investment opportunity with room for future upside through market rent adjustments or continued portfolio scaling.
A smart and stable addition to any investor’s holdings—modernized interiors, strong rental performance, and a configuration that appeals to today’s tenants make this one a standout.
This home may be purchased in a bundle deal along with 73 Arterial West, MLS #S1657399, offering a combined yearly NOI of $37, 140 at a reduced price of $338, 900.
Rent Includes: Other, SeeRemarks
Road Frontage: CityStreet
StateOrProvince: NY
Stories: 2
Street Name: Osborne
Street Number: 112
Street Number Numeric: 112
Street Suffix: Street
Total Taxes: 5523
Assessed Value: 118000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1930
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
GasWaterHeater
Has Heating System
Map
Courtesy Of : Baier Real Estate LLC
315-406-2717
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All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
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