$130,000
SOLD FEB 26, 2025

122 3rd St Rome, NY 13440

7 Beds
3 Baths
2,394 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

13% Below List Price

34 Days on Market

Highlights

  • Patio
  • Awning
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of February 2025

Presenting an excellent investment opportunity! This well-maintained, fully rented multi-family property is a hassle-free, income-producing asset. Featuring three separate units, each currently occupied by long term tenants, this property provides immediate cash flow and can offer long-term stability. Welcome to a charming, well-maintained place, offering an exceptional investment opportunity or the perfect multi-generational living arrangement. No matter where you find yourself on your investment journey -- whether building a new, or expanding an existing portfolio, this property is something to see! Centrally located, this property features three generous units with separate entrances. Unit 1: A 1-bedroom, 1-bath apartment; Unit 2: A cozy 3-bedroom, 1-bath unit; Unit 3: A 3-bedroom, 1-bath unit. Featuring spacious kitchen and living areas, and plenty of closet space in all units. Each unit has been well cared for, with recent upgrades including fresh paint, some replacement flooring, some replacement appliances (all appliances convey with this sale), HVAC serviced 2023, NEWER hot water tanks PLUS NEWER furnaces (within the last 3 years) and well-maintained plumbing and electrical systems. The property boasts a large backyard with potential for outdoor enjoyment, plus dedicated space and parking for tenants. Conveniently located near schools, parks, shopping, and public transportation, this 3-family home offers both comfort and convenience. Whether you're an investor or a homeowner seeking rental income, this property is a must-see!

Last Agent to Sell the Property

Dana Chirillo

Listing by River Hills Properties LLC Barn License #10301223918 Listed on: 11/22/2024

Last Buyer's Agent

Tiffanie Davis

Listing by Empire Homes & Commercial Utica License #10401335687

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1889

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 44x135
  • Rectangular Lot

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Parking Available
  • Common or Shared Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes common area maintenance, snow removal
  • Tax Lot 47
  • Assessor Parcel Number 301301-242-068-0001-047-000-0000

Community Details

Overview

  • 3 Units
  • Lynch Estate Subdivision

Building Details

  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Snow Removal
  • Year Built: 1889
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Lynch Estate
  • Architectural Style: Triplex
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Common, Parking Available

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Rome

Lot Info

  • Parcel Number: 301301-242-068-0001-047-000-0000
  • Lot Dimensions: 44X135
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6033.0
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Feb 26, 2025
Sold by
Stamp David
Bought by
Guerrero Cecilia
Seller's Agent
Dana Chirillo
River Hills Properties LLC Barn
Buyer's Agent
Tiffanie Davis
Empire Homes & Commercial Utica
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
48
Current Estimated Value
$129,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$802
Avg. Annual Appreciation
-1.28%
Original Mortgage
$97,500
Outstanding Balance
$97,099
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$32,099

Purchase Details

Closed on
Jul 13, 2016
Sold by
Damore John D
Bought by
Stamp David

Purchase Details

Closed on
Jul 28, 2000

Purchase Details

Closed on
Apr 26, 1999

Purchase Details

Closed on
May 14, 1998
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Available
Deed $45,000 Rapke Law Firm
Deed $45,000 Rapke Law Firm
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $130,000 -13.3% $54 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $149,900 -- $63 / Sq Ft
Source: Mid New York Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,032 $43,400 $5,900 $37,500
2023 $1,228 $43,400 $5,900 $37,500
2022 $1,964 $43,400 $5,900 $37,500
2021 $1,903 $43,400 $5,900 $37,500
2020 $1,884 $43,400 $5,900 $37,500
2019 $2,244 $43,400 $5,900 $37,500
2018 $1,778 $43,400 $5,900 $37,500
2017 $2,244 $43,400 $5,900 $37,500
2016 $5,690 $59,900 $7,300 $52,600
2015 -- $59,900 $7,300 $52,600
2014 -- $59,900 $7,300 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1578883

Mid New York Regional MLS

APN: 242-068-0001-047-000-0000