48 Clark Street, Auburn, NY 13021

$169,600
6
BD
3
BA
3,397
SqFt

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Sold Price
$169,600
List Price
$169,900
Status
CLOSED
MLS#
S1660636
Closing Date
Apr 13, 2026
Year Built
1900
Stories
2
Bedrooms
6
Bathrooms
3
Acres
0.15
Living Area
3,397
Subdivision
Map/Lands/Plot 01
Region
Auburn
Neighborhood
Map/Lands/Plot 01

Property Description

Three Unit apartment building ~ Strong cash flow ~ Separate utilities Well-maintained three-unit multifamily property offering immediate income and long-term stability. The building consists of one four-bedroom apartment and two one-bedroom apartments, all with separate utilities, minimizing owner expenses and maximizing net returns. The four-bedroom unit has been completely remodeled, featuring updated finishes and modern appeal, making it ideal for owner-occupancy or premium rental income. The two one-bedroom units provide consistent demand and reliable cash flow. The property generates a net operating income exceeding $28,000 annually, presenting an attractive opportunity for investors seeking solid returns with limited deferred maintenance. Separate utilities, strong unit mix, and recent renovations contribute to efficient management and long-term value.

Additional Information

Taxes
$5,703
School District
Auburn
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Baier Real Estate LLC. Contact:

Selling Office: Hunt Real Estate Era.