53 Arterial, Auburn

$ 265,000
53 Arterial West, ,

Overview

  • Updated On:
  • April 17, 2026
  • 2,624.00 ft2 Interior
  • 6 Bedrooms
  • 3 Bathrooms
  • 0.50 ac Acres

Description

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!!

Property Location

Street: 53 Arterial West
Tax Area: Auburn
County:
Postal City: Auburn
State: NY
Zip: 13021
School District: Auburn
HOA Y/N: No

Property Details

Property Id: 547708
Price: $ 265,000
Property Size: 2,624.00 ft2
Property Lot Size: 0.50 ac
Bedrooms: 6
Bathrooms: 3
Architectural Style: Triplex
Basement: Full
Bathrooms Full: 3
Bathrooms Total: 3
Bedrooms Total: 6
Building Sq Ft Total: 2624
Electric: CircuitBreakers
Elementary School District: Auburn
Flooring: Carpet, Hardwood, Laminate, Varies
Garage Spaces: 3
Heating: Gas, ForcedAir
High School District: Auburn
Latitude: 42.936518
Laundry Features: WasherHookup
Levels: Two
List Office Name: Howard Hanna Real Estate
List Office Phone: 315-622-2111
List Price: 265000
Listing Id: S1669579
Living Sq Ft: 2624
Longitude: -76.55854
Lot Features: NearPublicTransit, Rectangular, RectangularLot
Acres: 0.5
Lot Acres: 0.5
Lot Dimensions: 82X264
Middle School District: Auburn
Status: Active
Operating Expense Includes: Other, SeeRemarks
Patio & Porch Features: Balcony
Photos: 24
Possession: CloseOfEscrow
Postal City: Auburn
Zip Code: 13021
Description: 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!!
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Suffix: W
Street Name: Arterial
Street Number: 53
Street Number Numeric: 53
Total Taxes: 3534
Assessed Value: 105300
Tenant Pays: AllUtilities
Town: Not Applicable
Utilities: CableAvailable, ElectricityConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1910
YearBuiltDetails: Existing

Amenities and Features

Other Features
Balcony
Basement Y/N 1
CeilingFans
GasWaterHeater
Has Garage
Has Heating System
PrivateYard
SeeRemarks

Map

Courtesy Of : Howard Hanna Real Estate
315-622-2111

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

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.

Payment Calculator

$ 1,358.71
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,027.46

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