518 James Street, Unit 516, Utica, NY 13501

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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.

518 James Street, Unit 516 | MLS# S1697767

This multi-family property located at 518 James Street, Unit 516, Utica, NY 13501 is currently listed for sale with an asking price of $199,900. James Street, Unit 516 is located within the Utica school district. Search Utica real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 2
Heating: Gas, Forced Air, Hot Water
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $3,408
Year Built: 1925

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Blown-In Insulation, Vinyl Siding
Flooring: Hardwood, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 40X120
Parcel#: 301600-330-034-0004-005-000-0000
Parking: Parking Available, Garage
Parking Notes: Parking Available, Garage
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Utica

Estimate Your Payment

Estimated Payment

$ 787.19 per month $444.89 Principal & Interest $284.00 Property Tax $58.30 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Assist2Sell Buyers & Sellers 1st Choice
Agency Phone: 315-735-9244

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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