1. New York
  2. Auburn
  3. 8/151/9-11 Spring/State/Aurelius Street
$600,000

8/151/9-11 Spring/State/Aurelius Street, Auburn, NY 13021

  • 11 beds |
  • 4 baths |
  • 7,588 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $79/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 18, 2025 at 05:00AM
Listing Office:
Lake Country Real Estate : 315-258-9147
Listing Agent:
Simon J Fricano : 315-870-2487
MLS ID:
S1608424
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: HardwoodLaminateVariesVinyl
  • Heating: GasBaseboard
  • Fireplace: Fireplaces: 0

This listing courtesy of Simon J Fricano, Lake Country Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Casey Park Elementary School

101 Pulaski St, Auburn, NY, 13021

Grades KG-6

0.48 miles away

A

Auburn Junior High School

191 Franklin St, Auburn, NY, 13021

Grades 7-8

1.80 miles away

A

Auburn High School

250 Lake Ave, Auburn, NY, 13021

Grades 9-12

2.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.