504 Arthur Street

Utica NY 13501

2288 sq. ft.

1400 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Well-maintained 3-unit multi-family home offering 6 bedrooms and 3 bathrooms across 2,288 sq ft — an ideal opportunity for an investor in a convenient East Utica location close to Wynn Hospital, MVCC, and Downtown Utica. Each unit features 2 bedrooms and 1 full bathroom, giving this property flexible income potential. The current owner has lived comfortably in the 2nd floor unit, which reflects pride of ownership with the most recent updates, including updated flooring and finishes throughout. Recent improvements benefiting the entire building include new copper plumbing with leaks addressed, a newly installed sink, updated first-floor flooring, and bathroom updates from tile to durable vinyl. The 3rd floor unit received new doors, and the 1st floor unit has had door repairs completed as well — reflecting consistent, ongoing maintenance by the owner. Two of the three units are currently vacant and move-in ready for a new owner to configure as they choose — whether continuing as rentals, owner-occupying, or renovating to maximize rental income. The 1st floor unit just became available, and the 3rd floor unit offers an excellent opportunity for a buyer to add their own finishes and increase value. With its solid bones, recent plumbing and structural updates, and two vacant units ready for immediate occupancy or a value-add renovation, this property is a smart addition to any investment portfolio or a great start for a buyer looking to live in one unit while offsetting their mortgage with rental income from the others. Don't miss this opportunity in a well-located neighborhood in East Utica neighborhood!

Features

6 bedrooms

3 bathrooms

2288 sq. ft. floor area

1400 sq. ft. lot size

Multi-Family

Property history for 504 Arthur Street

2024

Sold

$130,000

27 Jun 2024 by Doreen Engelhart, of Century 21 One Realty Partners

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