Christa Chenevert

159 Washington Street, Auburn, NY 13021

New - 40 Hours Ago
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Property Description

Exceptional investment opportunity! This well-maintained mixed-use property offers approximately 3,500 square feet of gross floor area and provides multiple income streams with significant upside potential. The building features two spacious residential apartments, including one three-bedroom unit and one four-bedroom unit. Both apartments are fully equipped with appliances, all of which convey with the sale, making this a truly turnkey investment. The commercial space is occupied by a fully equipped, state-of-the-art three-station hair salon, offering an attractive and modern business environment. All tenants are responsible for paying their own utilities, helping to minimize owner expenses and maximize cash flow. The property currently generates an impressive annual net operating income (NOI) of $26,966. With rental rates adjusted to current market value, the projected annual NOI exceeds $42,000, presenting an outstanding value-add opportunity for investors seeking immediate income with substantial future growth potential. Whether you're expanding your investment portfolio or searching for a mixed-use property with strong cash flow and long-term appreciation potential, this property is one you won't want to miss.

159 Washington Street | MLS# S1701104

This home located at 159 Washington Street, Auburn, NY 13021 is currently listed for sale with an asking price of $249,900. This property was built in 1917 and has 7 bedrooms and 3 full baths with 5119 sq. ft. Washington Street is located within the Auburn school district. Search Auburn real estate on christa-chenevert.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Full
Cooling: Ductless
Garage: 1
Heating: Ductless, Gas, Baseboard, Forced Air
Home Style: Triplex
Lot Size: 0.31 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $9,235
Year Built: 1917

Amenities

Pull Down Attic Stairs
Deck
Fence

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 1
Exterior: Vinyl Siding
Fencing: Partial
Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
Lot: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 151X90
Parcel#: 050100-115-027-0001-005-001-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Patio/Porch: Deck
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Auburn

Estimate Your Payment

Estimated Payment

$ 1,398.64 per month $556.17 Principal & Interest $769.58 Property Tax $72.89 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Baier Real Estate LLC
Agency Phone: 315-406-2717

Shown By

Agent Name: Christa Chenevert
Agent Phone: (518) 225-0991 Cell
Agency Title: Coldwell Banker Prime Properties

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