8/151/9-11 Spring/state/aurelius Street, Auburn, NY 13021

Local realty services provided by:ERA Team VP Real Estate
8/151/9-11 Spring/state/aurelius Street,Auburn, NY 13021
$600,000
  • 11 Beds
  • 4 Baths
  • 7,588 sq. ft.
  • Multi-family
  • Active
Listed by:simon j fricano
Office:lake country real estate
MLS#:S1608424
Source:NY_GENRIS

Price summary

  • Price:$600,000
  • Price per sq. ft.:$79.07

About this home

Investor opportunity: 6 units across 3 buildings totaling over 7,500 sq. ft. of rental space, all conveniently located near shopping, amenities, and public transit. Properties are being sold as-is and are currently undergoing light cosmetic updates due to tenant turnover—offering immediate upside potential. Conservative gross rent projection is $7,750/month, with high-performance planning up to $9,950/month. Significant value-add potential through strategic management and lease restructuring. Some tenants may be open to new lease terms or transitioning out, allowing for fresh agreements at market rates. Strong CAP rate, equity growth potential, and long-term ROI make this an ideal addition to any investment portfolio. Don’t miss this chance to acquire three buildings in a growth market. Full financials and additional details available for qualified buyers.

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Home facts

  • Year built:1890
  • Listing Id #:S1608424
  • Added:56 day(s) ago
  • Updated:August 14, 2025 at 02:53 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:7,588 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1890
  • Building area:7,588 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$79.07
  • Tax amount:$1,487