$116,000
PENDING

306 N Madison St Rome, NY 13440

Estimated payment $958/month

Total Views 15,279
7 Beds
2 Baths
1,720 Sq Ft
$67 Price per Sq Ft

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Carpet
  • Forced Air Heating System

About This Home

Don't miss out on this perfect investment opportunity! This home has 2 stories, the downstairs unit is currently rented out, and the upstairs unit is vacant. It has a ton of updates and is move in ready! Perfectly located in the center of Rome, near public transportation and all of your shopping needs. Don't miss out, this one will go fast!

Listing Agent

Grace Norton

Listing by Monarch Family Realty Inc. License #10401363692 Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 37x67
  • Rectangular Lot

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Electric Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 301301-242-041-0002-004-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,858

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1920
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Erie Blvd W, turn onto S Madison St, continue approximately 2 miles and the house is on the right hand side.
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Rome

Lot Info

  • Parcel Number: 301301-242-041-0002-004-000-0000
  • Lot Dimensions: 37X67
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 3858.0
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,900 $28,500 $2,500 $26,000
2023 $806 $28,500 $2,500 $26,000
2022 $1,289 $28,500 $2,500 $26,000
2021 $1,250 $28,500 $2,500 $26,000
2020 $1,237 $28,500 $2,500 $26,000
2019 $284 $28,500 $2,500 $26,000
2018 $1,168 $28,500 $2,500 $26,000
2017 $1,141 $28,500 $2,500 $26,000
2016 $3,233 $28,500 $2,500 $26,000
2015 -- $28,500 $2,500 $26,000
2014 -- $28,500 $2,500 $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $116,000 +673.3% $67 / Sq Ft
03/06/2020 03/06/20 Sold $15,000 -25.0% $9 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $20,000 -- $12 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $106,000 None Available
Interfamily Deed Transfer $15,000 --
Interfamily Deed Transfer $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,500 Purchase Money Mortgage
Previous Owner $63,331 Unknown
Source: Public Records

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Source: Central New York Information Services

MLS Number: S1591112

Central New York Information Services

APN: 242-041-0002-004-000-0000