UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,338 sqft
Price per Sqft $96
MLS Listing ID R1688848
Style Triplex
Bedrooms 5
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1870
Annual Tax Amount $5,973
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 109X118
Property Sub-Type Multi Family
Property Description
1 N Erie St, Macedon, NY 14502
Gross Monthly Revenue: $3,100
Square footage includes the garage apartment
Price: $225,000
Property Overview:
Unlock incredible cash flow or live for next to nothing with this unique, multi-unit residential property in the heart of Macedon! Situated on a spacious lot in the Palmyra-Macedon School District, this 3-family property offers an ideal setup for an investor looking to expand their portfolio or an owner-occupant wanting their tenants to pay the mortgage.
The Units:
The property features an intelligent layout spread across a main house and a detached multi-story garage structure, offering excellent privacy for all tenants:
Main House: Features two distinct, easy-to-rent apartments.
Detached 2-Story Garage: Features a private, third apartment situated entirely on the second floor above the garage spaces.
Key Features & Recent Updates
Peace of mind comes standard here. The owner has taken excellent care of the major capital expenditures, meaning you can collect rent without worrying about immediate overhead. Recent improvements include:
Main House: Newer metal roof for ultimate durability and low maintenance, sewer line, updated electrical system featuring newly installed panel boxes.
Numerous upgraded windows and numerous cosmetic improvements throughout.
Tenant-Paid Utilities: Separate gas and electric meters keep your landlord expenses incredibly low. Owner pays water and garbage removal.
Flexible Seller Terms
Opportunities like this don't come along often—the owner will consider holding the mortgage for a well-qualified buyer with a 30% down payment. Skip the strict bank guidelines and take advantage of flexible owner-financing terms to secure your next asset.
Whether you're looking to capitalize on a $3,100/month turnkey revenue stream or want to live in one unit and have the tenants pay the majority of your living expenses, this property is a great investment.
Schedule your private showing today and explore the potential! The seller is reviewing all offers on Tuesday, June 16, 2026
Location
State NY
County Wayne
Area Macedon-543000
Direction Route 31 to North Erie Street, first home on the right.
Rooms
Basement Full
Interior
Interior Features Natural Woodwork
Heating Gas, Forced Air
Flooring Carpet, Varies, Vinyl
Fireplace No
Window Features Thermal Windows
Appliance Gas Water Heater
Exterior
Exterior Feature Enclosed Porch, Porch
Garage Spaces 2.0
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Metal
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Composite Siding,Copper Plumbing
Construction Status Existing
Schools
School District Palmyra-Macedon
Others
Senior Community No
Tax ID 543000-062-111-0008-889-934-0000
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
Nearby School & Business
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Joseph Gizzie
Licensed Associate RE Broker | License ID: 10401271488
Licensed Associate RE Broker License ID: 10401271488