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Chary Griffin
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(315) 218-1480
Direct Office:
(315) 382-1721
chary@
charygriffin.com
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FOR SALE
$199,900

20 Barber Street
Auburn, NY 13021

Multi-Family
Residence
6
Beds
2
Baths
1,982
Sqft
0.0771
Lot Size
Courtesy: Stephen J. Baier - Baier Real Estate LLC
Completely Renovated Two-Family Home with Strong Income Potential This exceptional two-family home has been completely remodeled from the studs up, offering the rare opportunity to own a virtually turn-key investment property with extensive updates throughout. No detail was overlooked, with all major components of the property replaced or updated, including windows, doors, roof, insulation, plumbing, electrical, mechanical systems, appliances, kitchens, and bathrooms. Each spacious unit offers three bedrooms, a full bathroom, and its own laundry, providing desirable amenities for today's tenants. Both units also feature a covered porch, adding valuable outdoor space and curb appeal. Designed with ease of ownership in mind, the property features separate utilities for each unit, including gas, electric, and water, allowing tenants to be responsible for their own utility consumption. With estimated current market rents of approximately $1,500 per unit, the property offers projected gross annual rental income of approximately $36,000 and an estimated annual net operating income of just over $30,000, making this an attractive opportunity for both investors and owner-occupants seeking additional rental income. With the major renovations already completed, separate utilities, modern finishes, and strong rental potential, this property is ready to generate income from day one.
S1711842
Multi-Family, 2 Story
6
Cayuga
2 Full
1890
0.0771 Acres
Public Water
2
Spray Foam Insulation, Vinyl Siding
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Data Provided by Onboard

Estimated Payment:

Principle & Interest
Taxes
Insurance
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Courtesy: Stephen J. Baier - Baier Real Estate LLC
Central New York Information Service logoThe broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Central NY MLS. All rights reserved.
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Information is deemed reliable but is not guaranteed.