726 N James Street, Rome, NY 13440

Rome
Local realty services provided by:ERA Team VP Real Estate
726 N James Street,Rome, NY 13440
$229,900
Virtual Tour
  • 10 Beds
  • 3 Baths
  • 4,098 sq. ft.
  • Multi-family
  • Active
Listed by: lori a. frieden
Office: coldwell banker faith properties r
MLS#:S1697845
Source:NY_GENRIS

Price summary

  • Price:$229,900
  • Price per sq. ft.:$56.1

About this home

EXCEPTIONALLY UNIQUE INVESTMENT OPPORTUNITY offering possibilities far beyond the typical two-unit rental. While city tax records classify the property as a two-family residence, the income-producing potential tells a MUCH greater! The main level features a spacious 3 bed, 1 bath apartment with both side and rear entrances, creating an ideal setup for owner occupancy or a traditional rental unit. Currently generating $900 per month in rental income, market potential is estimated between $1,200 and $1,800 per month. The front portion of the property operates in a rooming house or hostel-style configuration, offering seven private single-room units, two shared full bathrooms, and a communal kitchen. Each room currently rents for approximately $320 to $350 per month, creating an impressive annual income potential estimated between $32,000 and $38,000. For an owner-occupant, this presents a remarkable opportunity to live comfortably in the three bedroom apartment while benefiting...

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Home facts

  • Year built:1890
  • Listing ID #:S1697845
  • Added:123 day(s) ago
  • Updated:November 11, 2026 at 04:31 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Varies
  • Basement:Yes
  • Basement Description:Full, Walk Up Access
  • Living area:4,098 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1890
  • Building area:4,098 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Construction Materials:Copper Plumbing, Vinyl Siding
  • Exterior Features:Open, Porch
  • Foundation Description:Stone
  • Levels:2 Stories

Schools

  • High school:Rome Free Academy
  • Middle school:Lyndon H Strough Middle

Utilities

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

Finances and disclosures

  • Price:$229,900
  • Price per sq. ft.:$56.1
  • Tax amount:$6,778

Features and amenities

  • Amenities:Furnished

Parking

  • Parking description:Parking Available

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