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Key Details
Sold Price $229,900
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,173 sqft
Price per Sqft $44
MLS Listing ID R1627242
Sold Date 11/12/25
Style Fourplex
Bedrooms 6
Full Baths 4
Construction Status Existing Unknown
HOA Y/N No
Year Built 1970
Annual Tax Amount $5,132
Lot Size 6,185 Sqft
Acres 0.142
Lot Dimensions 50X123
Property Sub-Type Multi Family
Property Description
Located just off South Street in one of Auburn's most consistently performing rental zones, 44 Chedell Place offers a rare opportunity to secure a portfolio-grade, income-producing asset with over 5,100 square feet of rentable space. With four well-maintained units, long-term tenancy, and a walkable central location, this property delivers both operational strength and long-view potential.
The building is configured as three one-bedroom units and a fourth unit with an additional bonus room—ideal for office or flex space. Each apartment features a full kitchen, defined dining and living rooms, and original hardwood floors throughout—a high-durability finish that supports ease of ownership.
A full unfinished attic provides additional square footage with potential for future development—whether for added storage, expansion, or conversion (subject to local approvals). A 4-bay carport, covered front and rear porches, and a full basement with clean mechanical access round out the infrastructure.
The property is fully occupied with reliable, long-term tenants. Steady income, low historical turnover, and efficiency-focused layouts make this a strategic acquisition for buyers focused on capital preservation, scale, and consistency.
Financials available upon request. This is not a project. It's a performance-driven hold in a market where assets like this rarely trade.
Showings by appointment only. Please do not disturb tenants.
Location
State NY
County Cayuga
Area Auburn-050100
Rooms
Basement Full
Interior
Interior Features Natural Woodwork
Heating Gas, Hot Water
Flooring Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 4.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Wood Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing Unknown
Schools
Elementary Schools William H Seward Elementary
High Schools Auburn High
School District Auburn
Others
Senior Community No
Tax ID 050100-115-076-0001-010-000-0000
Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with The O'Hara Group
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Grant Pettrone
Licensed Real Estate Broker, Founder | License ID: 10491209675
Licensed Real Estate Broker, Founder License ID: 10491209675


