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ATTENTION INVESTORS! Excellent income producing opportunity in the City of Auburn! Add this fully occupied 5-unit multifamily property to your investment portfolio! Featuring four 1-bedroom apartments and one 2-bedroom apartment with plenty of off-street parking, this property generates approximately $4,900 in monthly rental income, totaling an impressive $58,800 in annual gross income! Separate gas and electric meters with tenants paying their own utilities make this an attractive investment opportunity with reduced owner-paid utility expenses. Enjoy the benefits of an established tenant base, multiple income streams, and immediate rental income from day one! Conveniently located and very walkable, near city bus route, shopping, dining, schools, employment, and local amenities. 5-units, full occupancy, tenant paid utilities, and strong income potential, you don't want to miss this opportunity!
| DAYS ON MARKET | 1 | LAST UPDATED | 11/4/2026 |
|---|---|---|---|
| TRACT | Mabk Investments LLC | YEAR BUILT | 1950 |
| COMMUNITY | Auburn-050100 | COUNTY | Cayuga |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Auburn-050100 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Other, See Remarks |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Other |
| LOT | 0.293 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Near Public Transit |
| LOT DIMENSIONS | 64X199 |
| PARKING | No Garage |
| STORIES | 2 |
| SUBDIVISION | Mabk Investments LLC |
| TAXES | 3509 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Julie A Rizzo, Candy Costa Real Estate LLC
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