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518 James Street Unit 516, Utica, NY 13501

$199,900
: 6
BD
: 2
BA
: 2,400
SqFt

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List Price: $199,900
Status: PENDING
Days on Market: 8
MLS#: S1697767
Subtype: Residential
Year Built: 1925
Bedrooms: 6
Bathrooms: 2
Full Baths: 2
Living Area: 2,400
Lot Size: 4,800
Acres: 0.11
MLS Area Major: Utica

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Property Description

Rare 2-unit multifamily opportunity in East Utica, attractively priced — ideal for investors building a rental portfolio or an owner-occupant looking to live in one unit and let tenant income offset the mortgage. Each unit offers 3 bedrooms and 1 full bath across ~2,400 sq ft combined, with solid 1925 construction and generous room sizes. Major capital improvements are already done: a brand-new metal roof and new garage door on the detached 2-car garage, taking two of the biggest-ticket repair items off the next owner's plate. One unit features a fully tiled bathroom. Bonus upside: a walk-up attic offers strong potential for a third-unit conversion, subject to buyer's verification of permitting and zoning with the City of Utica. Two income streams today, room to grow tomorrow. Off-street parking for two vehicles and steady rental demand round out the package. Schedule your showing today.

+1 315-272-7419

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Additional Information

Taxes: $3,408
Flooring: Hardwood, Varies
Appliances: Gas Water Heater
Heating: Gas, Forced Air, Hot Water
Stories: 2
Levels: Two
Parking Features: Parking Available, Garage
Garage Spaces: 2
School District: Utica