BEDS5
BATHS3 full
SQUARE FEET2,338
MLS#R1688848
STATUSActive
PROPERTY TYPEResidential - Multiple
SCHOOLPalmyra-Macedon
Property Description
Prime Investment Opportunity: Versatile 3-Family Property with Owner Financing Available! 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
Property Features
Property Type: Residential - Multiple
Basement: Full
Garage: 2
Heating: Gas, ForcedAir
Home Style: Triplex
Lot Size: 0.32 Acres
Roof Type: Asphalt, Metal
Stories: 2.0
Taxes: $5,973
Year Built: 1870
Amenities
NaturalWoodwork
EnclosedPorch
Porch
Feature Descriptions
Appliances: GasWaterHeater
Exterior: CompositeSiding, CopperPlumbing
Flooring: Carpet, Varies, Vinyl
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 109X118
Parcel#: 543000-062-111-0008-889-934-0000
Parking: Garage, Paved, TwoOrMoreSpaces
Parking Notes: Garage, Paved, TwoOrMoreSpaces
Sewer: Connected
Units: 3
Utilities: CableAvailable, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water: Connected, Public
Window: ThermalWindows
Local Schools
School District: Palmyra-Macedon
Listed By / Shown By
Listing By
Agency Name: Doebler Realty, LLC
Agency Contact: 315-331-7070
Shown By
Agent Name: Karyn Mongold
Agent Phone: Cell: (716) 245-3837
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 1,064.13 per month $500.75 Principal & Interest $497.75 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
1 Erie Street N | MLS# R1688848
This home located at 1 Erie Street N, Macedon, NY 14502 is currently listed for sale with an asking price of $225,000. This property was built in 1870 and has 5 bedrooms and 3 full baths with 2338 sq. ft. Erie Street N is located within the Palmyra-Macedon school district. Search Macedon real estate on kmongold.mjpeterson.com today.