242 State Street, Auburn, NY 13021
Local realty services provided by:ERA Team VP Real Estate
242 State Street,Auburn, NY 13021
$230,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: stephen j. baier
Office: baier real estate llc.
MLS#:S1657404
Source:NY_GENRIS
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Price summary
- Price:$230,000
About this home
Presenting a well-maintained three-family property offering strong rental performance and versatility for both investors and owner-occupants alike. The building features two fully renovated units plus one well-kept unit, each with separate utilities, ensuring easy management and cleaner operating expenses. This home consists of two 2 bedroom and 0ne 1 bedroom apartments, unit 2 is a 2 bedroom 2 bathroom.
Current annual net operating income stands at $23,064, providing an attractive turnkey investment opportunity with room for future upside through market rent adjustments or continued portfolio scaling.
This property is being offered as part of a four-home investment portfolio, delivering the rare chance to acquire multiple income-producing assets in one transaction. Current annual net operating income for the entire portfolio stands at $79,801.
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.
To view the other homes in this portfolio, please refer to MLS numbers:
S1657403
S1657402
S1657399...
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Home facts
- Year built:1890
- Listing ID #:S1657404
- Added:130 day(s) ago
- Updated:May 26, 2026 at 06:40 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1890
- Lot Features:Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$230,000
- Tax amount:$7,036
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