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Listed price in listed location currency (USD).
$259,900

540

MLS® S1657404

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3140 sqft
Garage No
Taxes $7,036
Days Active 0
Lot Size 0.2064 acres
Approx. Age 1890
Avg. Price Per Sqft $82
MLS® Number S1657404

Property Address: 242 State St, Auburn, NY, 13021-1244

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® NumberS1657404
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2064
Exterior
GarageNo
Approx. Age1890
BasementFull
DrivewayTwo Or More Spaces
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 15, 2026List Date
$259,900List Price
  • Commute

Commute

Starting Address
Destination Address
242 State St, Auburn, NY

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