Andrew Petrie

13 Wall Street, Auburn, NY 13021

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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.

13 Wall Street | MLS# S1674966

This multi-family property located at 13 Wall Street, Auburn, NY 13021 is currently listed for sale with an asking price of $74,900. Wall Street is located within the Auburn school district. Search Auburn real estate on andrew-petrie.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.06 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,117
Year Built: 1920

Amenities

Balcony

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 5
Exterior: Composite Siding, Wood Siding
Flooring: Carpet, Ceramic Tile, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X66
Parcel#: 050100-115-044-0001-024-000-0000
Parking: Common, Gravel, Paved, On Street
Parking Notes: Common, Gravel, Paved, On Street
Patio/Porch: Balcony, Covered, Open, Porch
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Auburn

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Estimated Payment

$ 448.29 per month $166.69 Principal & Interest $259.75 Property Tax $21.85 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Sun Harvest Realty Inc.
Agency Phone: 315-626-2277

Shown By

Agent Name: Andrew Petrie
Agent Phone: (518) 222-5758 Cell
Agency Title: Coldwell Banker Prime Properties

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