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...

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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