1-3 Lizette ST, Auburn, NY 13021
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1-3 Lizette ST, Auburn, NY 13021
1-3 Lizette ST, Auburn, NY 13021
1-3 Lizette ST, Auburn, NY 13021
1-3 Lizette ST, Auburn, NY 13021
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1-3 Lizette ST Auburn, NY 13021

6 Beds

2 Baths

2,050 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,050 sqft

Price per Sqft $48

Subdivision William J Spahn

MLS Listing ID R1615085

Style Duplex

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,792

Lot Size 4,068 Sqft

Acres 0.0934

Lot Dimensions 64X64

Property Sub-Type Multi Family

Property Description

This is an amazing opportunity for the right investor ready to unlock this property's full potential. This duplex features two spacious 3-bedroom apartments, one of which is already tenant-occupied and updated, providing immediate income while the other offers a blank canvas for renovation and upside. Unit 1 is a tenant-occupied 3 bedroom with recent updates including new flooring throughout, updated kitchen and bathroom, new furnace, new electrical fixtures, and new washer/dryer hookups. The other 3 bedroom is ready for cosmetic updates, and once renovated is ideal for increasing rent to market rate or owner occupancy. With the right vision and a bit of work, this property can become a high-performing asset with its given location, and a great addition to any investor's portfolio. Each unit is currently below market value, presenting a strong opportunity for rental income growth through market-aligned rate adjustments.

Property is also for sale as part of a larger 18 unit package portfolio.

Location

State NY

County Cayuga

Community William J Spahn

Area Auburn-050100

Direction From Arterial E, turn right onto John St, continue straight onto Owasco St, turn right onto Lizette St

Rooms

Basement Full

Interior

Interior Features Pull Down Attic Stairs

Heating Gas, Forced Air

Flooring Carpet, Hardwood, Tile, Varies, Vinyl

Fireplace No

Appliance Electric Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Wood Siding

Construction Status Existing

Schools

Elementary Schools Owasco Elementary

Middle Schools Auburn Junior High

High Schools Auburn High

School District Auburn

Others

Senior Community No

Tax ID 050100-116-063-0001-035-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by The Young Agency

NEARBY SCHOOLS & PROPERTIES

Lori Frieden

Lori Frieden

Lic. RE Salesperson | License ID: 10401265563

+1(315) 225-9958

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1-3 Lizette ST