$600,000

8/151/9-11 Spring State Aurelius St Auburn, NY 13021

Estimated payment $3,308/month

Total Views 1,468
5 Beds
2 Baths
7,588 Sq Ft
$79 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Garage
  • Rectangular Lot
  • Baseboard Heating

About This Home

Investor opportunity: 6 units across 3 buildings totaling over 7,500 sq. ft. of rental space, all conveniently located near shopping, amenities, and public transit. Properties are being sold as-is and are currently undergoing light cosmetic updates due to tenant turnover—offering immediate upside potential. Conservative gross rent projection is $7,750/month, with high-performance planning up to $9,950/month. Significant value-add potential through strategic management and lease restructuring. Some tenants may be open to new lease terms or transitioning out, allowing for fresh agreements at market rates. Strong CAP rate, equity growth potential, and long-term ROI make this an ideal addition to any investment portfolio. Don’t miss this chance to acquire three buildings in a growth market. Full financials and additional details available for qualified buyers.

Listing Agent

Simon Fricano

Listing by Lake Country Real Estate License #10301201805 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1890

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x400
  • Rectangular Lot
  • 115.44-1-16.1, 115.41-2-32

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 7,588 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 050100-115-043-0001-040-000-0000

Community Details

Overview

  • 2 Units
  • 6-Story Property

Building Details

  • 6 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,487

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1890
  • Lot Features: Other, Rectangular, Rectangular Lot, See Remarks
  • Directions: Arterial to State to Wall to Spring/Aurelius.
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 6
  • Stories: 6

Exterior Features

  • Acres: 0.5
  • Waterfront: No
  • Construction Type: Other, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 050100-115-043-0001-040-000-0000
  • Lot Dimensions: 100X400
  • Lot Size Sq Ft: 5197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 115.44-1-16.1, 115.41-2-32

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 1487.0
  • Tax Lot: 40

Map

Range of Values:

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Average Value
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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 $1,486 $63,800 $9,800 $54,000
2023 $1,486 $63,800 $9,800 $54,000
2022 $1,535 $63,800 $9,800 $54,000
2021 $1,480 $54,000 $8,500 $45,500
2020 $1,461 $54,000 $8,500 $45,500
2019 $459 $54,000 $8,500 $45,500
2018 $1,444 $54,000 $8,500 $45,500
2017 $1,480 $54,100 $9,000 $45,100
2016 $2,167 $54,100 $9,000 $45,100
2015 $857 $54,100 $9,000 $45,100
2014 $857 $54,100 $9,000 $45,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $600,000 -- $79 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Deed $50,000 Daniel Testa
Warranty Deed $50,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 Seller Take Back
Source: Public Records

Source: Central New York Information Services

MLS Number: S1608424

Central New York Information Services

APN: 050100-115-043-0001-040-000-0000

New York Cayuga County Auburn 13021

8/151/9-11 Spring State Aurelius St, Auburn, NY

This home is located at 8/151/9-11 Spring State Aurelius St, Auburn, NY 13021 and is currently priced at $600,000, approximately $79 per square foot. This property was built in 1890. 8/151/9-11 Spring State Aurelius St is a home located in Cayuga County with nearby schools including Auburn Junior High School, Auburn High School, and Creative Minds Montessori School.

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Simon Fricano
Listing Agent
Simon Fricano
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Lake Country Real Estate
(315) 693-6680