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Listed price in listed location currency (USD).
$225,000

532

MLS® R1688848

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2338 sqft
Garage Yes
Taxes $5,973
Days Active 1
Lot Size 
Approx. Age 1870
Avg. Price Per Sqft $96
MLS® Number R1688848

Property Address: 1 Erie St N, Macedon, NY, 14502-8789

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberR1688848
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1870
BasementFull
DrivewayGarage, Paved, Two Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 Erie St N, Macedon, NY

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