408 South Madison Street Rome, NY $ 69,000
408 South Madison Street
$ 69,000
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408 South Madison Street

Rome, NY, 13440
$ 69,000
Bedrooms3 Baths2.0 Sq 2,534

Monthly Estimate*

$ 430

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408 South Madison Street, Rome, NY 13440 - Image 12
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Single Family Home for sale in Rome, NY

for $69,000 with 3 bedrooms and 2 full baths. This 2,534 square foot home was built in 1920 on a lot size of 0.25.

Investor Alert!!! This spacious 3-bedroom, 2-bath home sits on a generous double city lot and offers incredible potential for the right buyer. The property was impacted by last year’s tornado and has since been deemed uninhabitable by the City of Rome due to roof and rafter damage. During inspections, portions of the kitchen and ceiling were removed for asbestos remediation. The layout includes an unfinished area with a private entrance—ideal for conversion into a small income-producing apartment, an in-law suite, or additional living space. Features include replacement windows and ample square footage to reimagine the property to your vision. Cash-only or Rehab Loan only sale. Property requires renovation and is being sold as-is. A prime opportunity for experienced investors or builders looking to bring new life to a structurally promising home in a desirable area close to shopping, main roadways, parks.

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Single Family Active

Price

$ 69,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,956

Style

TwoStory

Lot Size

0.25

Year Built

1920

Town/City

Rome

County/Region

Oneida

MLS | Web ID

S1624174

Features
Interior
Interior Amenities EatInKitchen Other SeeRemarks
Basement Full
Flooring Carpet Laminate Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
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General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances ElectricWaterHeater GasOven GasRange Refrigerator
Garage Spaces 0.0
Architectural Style TwoStory
Construction Materials ShakeSiding
School District Rome
Year Built 1920
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype SingleFamilyResidence
County Oneida
Property Type Residential
Subdivision Name Grosvenor/Lands/Poster &
Garage Y/N No
Total Rooms 6
Full Baths 2
Status Active
High School Rome Free Academy
City Rome
Senior Community Y/N No
High School District Rome
Number Of Units Total 0
MLS Area Rome-Inside-301301
Lot Size Units Acres
Lot Size Square Feet 10890.0
Year Built Details Existing
Tax Annual Amount 2956.0
Middle/Junior High School Lyndon H Strough Middle
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1624174
Standard Status Active
Middle/Junior School District Rome
Elementary School District Rome
Tax Assessed Value 45000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5
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Exterior
Exterior Amenities GravelDriveway
Parking Features NoGarage
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.25
Foundation Details Stone
Building Area Total 2534.0
Lot Dimensions 72X153
Lot Size Acres 0.25
Waterfront Y/N No
Road Frontage Type CityStreet
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Internal Only
Street Number 1 408
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(315) 796-4741

Phone

Affordability Calculator

$677
Per Month
64%
36%
0%
Monthly Principal & Interest
$430
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248049 Elementary School
3041021 Middle School
Rome Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2025$69,000 Listed Price

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408 South Madison Street, Rome, NY, 13440 is a Single Family Home for sale at $69,000 with 2,534 sqft and a lot size of 0.25. 408 South Madison Street has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 13440 which is in Rome, NY