301 N Madison Street, Rome, NY 13440

$229,900
9
BD
4
BA
5,070
SqFt

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List Price
$229,900
Status
ACTIVE
Days on Market
9
MLS#
S1716453
Subtype
Residential
Style
Triplex
Architectural Style
Triplex
Year Built
1909
Bedrooms
9
Bathrooms
4
Full Baths
4
Living Area
5,070
Lot Size
2,614
Acres
0.06
MLS Area Major
Rome

Property Description

ESTABLISHED THREE-UNIT INVESTMENT OPPORTUNITY IN ROME! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one. Located in downtown Rome, this property offers convenient access to local shops, restaurants, services and other downtown amenities, with the added benefit of being within walking distance to many area destinations. The property is also centrally located for commuters, with easy access to surrounding communities and nearby cities, approximately 15 minutes to New Hartford and about an hour to Syracuse. The property is conveniently located near Griffiss Business & Technology Park and the continued investment and development taking place throughout the Rome and Mohawk Valley region, including major employers and projects such as Chobani and Micron. This location places investors in an area experiencing significant ongoing development and growth. Well maintained and ready for a new owner, this three-unit property offers the opportunity to step into an established rental property with long-term tenants already in place. A great addition to an existing investment portfolio or an opportunity to begin building one in the Rome market.

Additional Information

Taxes
$7,227
Property Description
Triplex
Flooring
Laminate, Varies, Vinyl
Appliances
Gas Water Heater
Heating
Gas, Forced Air
Roof
Metal
Foundation
Stone
Parking Features
Paved, Two or More Spaces
School District
Rome
Middle School
Lyndon H Strough Middle
High School
Rome Free Academy

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Listing courtesy of River Hills Properties LLC Rome. Contact: