2-Unit Multifamily – 4 Bedrooms Per Unit – Value-Add Potential – Utica, NY Spacious 2-unit multifamily property located on Elizabeth St in Utica offering strong rental potential and future upside. Each unit features 4 bedrooms, providing flexibility and appeal for larger households. Both units are currently occupied at $1,200/month each, generating consistent income. The layout and bedroom count may be attractive for participation in housing assistance programs, subject to buyer verification and approvals. Property offers additional upside with potential for a third unit, subject to municipal approvals. Ideal for investors seeking to increase income and maximize long-term returns. Conveniently located near downtown Utica, public transportation, schools, shopping, hospitals, and major employers. Located in an area with steady rental demand. Features include 2 residential units, 4 bedrooms per unit, separate living spaces, and proximity to local amenities and services. Great opportunity for investors or owner-occupants looking for a multi-unit property with income potential and future upside. Property Features: 2 residential units (multifamily) 4 bedrooms per unit Current rents: $1,200 per unit Separate living spaces High bedroom count for increased rental appeal Potential additional unit (buyer to verify with municipality) Close proximity to amenities, services, and transportation Strong opportunity for investors or owner-occupants looking for a multi-unit property with income potential and future upside in the Utica market.
Listing courtesy of Benn Realty. Contact: 315-831-5061
Selling Office: In House Realty Group.