13 Wall ST, Auburn, NY 13021
13 Wall ST, Auburn, NY 13021
2
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$74,900
Est. payment /mo
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4 Beds
2 Baths
1,734 SqFt
Active Under Contract

13 Wall ST Auburn, NY 13021

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Dawn Nowak

Dawn Nowak

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Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,734 sqft

Price per Sqft $43

Subdivision City/Auburn

MLS Listing ID S1674966

Bedrooms 4

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,117

Lot Size 2,513 Sqft

Acres 0.0577

Lot Dimensions 38X66

Property Sub-Type Multi Family

Property Description

INVESTORS WANTED! Welcome to 13 Wall St, where potential meets already existing cash flow. This property features two 2-bedroom units with a total monthly rent of $1,450. With an asking price as listed, low operating expenses and solid fundamentals, the property produces an estimated NOI of $12,882.50, translating to an impressive ~17.2% cap rate! A classic cash-flow play with room to increase rents over time with some TLC.

Property is available to purchase as a bundle with 15-17 Wall St, MLS#S1674990, at an asking price of $220,000.00. Portfolio Highlights include a combined NOI of $30,500+, portfolio cap rate of ~13.7%, strong tenant history and occupancy, clear value-add potential for future increases and growth all highlight the potential of this portfolio addition.

Location

State NY

County Cayuga

Community City/Auburn

Area Auburn-050100

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Ceramic Tile, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Porch Balcony, Covered, Open, Porch

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Composite Siding,Wood Siding

Construction Status Existing

Schools

School District Auburn

Others

Senior Community No

Tax ID 050100-115-044-0001-024-000-0000

Acceptable Financing Cash, Conventional, Other, See Remarks

Listing Terms Cash, Conventional, Other, See Remarks

Special Listing Condition Standard

Listed by Sun Harvest Realty Inc.

NEARBY SCHOOL & BUSINESS

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Dawn Nowak

Dawn Nowak

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13 Wall ST