301 N Madison Street Rome, NY $ 229,900
301 N Madison Street
$ 229,900
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301 N Madison Street

Rome, NY, 13440
$ 229,900
Bedrooms9 Baths4.0 Sq 5,070

Monthly Estimate*

$ 1,452

301 N Madison Street, Rome, NY 13440 - Image 1

Multi-Family Home for sale in Rome, NY

for $229,900 with 9 bedrooms and 4 full baths. This 5,070 square foot home was built in 1909 on a lot size of 0.06.

ESTABLISHED THREE-UNIT INVESTMENT OPPORTUNITY IN ROME! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one. Located in downtown Rome, this property offers convenient access to local shops, restaurants, services and other downtown amenities, with the added benefit of being within walking distance to many area destinations. The property is also centrally located for commuters, with easy access to surrounding communities and nearby cities, approximately 15 minutes to New Hartford and about an hour to Syracuse. The property is conveniently located near Griffiss Business & Technology Park and the continued investment and development taking place throughout the Rome and Mohawk Valley region, including major employers and projects such as Chobani and Micron. This location places investors in an area experiencing significant ongoing development and growth. Well maintained and ready for a new owner, this three-unit property offers the opportunity to step into an established rental property with long-term tenants already in place. A great addition to an existing investment portfolio or an opportunity to begin building one in the Rome market.

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Multi-Family Active

Price

$ 229,900

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,227

Style

Triplex

Lot Size

0.06

Year Built

1909

Town/City

Rome

County/Region

Oneida

MLS | Web ID

S1716453

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities CableAvailable ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession Closing
Roof Metal
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Triplex
Construction Materials AluminumSiding VinylSiding
School District Rome
Year Built 1909
Electric CircuitBreakers
Tenant Pays AllUtilities
Township Not Applicable
Property Subtype MultiFamily
County Oneida
Property Type Residential
Full Baths 4
Status Active
Directions From W. Thomas St take a left onto N. Madison St and property is located on the right and marked with signage
High School Rome Free Academy
City Rome
Senior Community Y/N No
High School District Rome
Number Of Units Total 3
MLS Area Rome-Inside-301301
Lot Size Units Acres
Lot Size Square Feet 2614.0
Year Built Details Existing
Tax Annual Amount 7227.0
Middle/Junior High School Lyndon H Strough Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Rome
Elementary School District Rome
Tax Assessed Value 60000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 44
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Interior
Basement Full
Flooring Laminate Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Window Features StormWindows ThermalWindows
Fireplace Y/N No
Half Baths 0
Total Bedrooms 9
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features Paved TwoOrMoreSpaces
Lot Features Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.06
Foundation Details Stone
Building Area Total 5070.0
Lot Dimensions 52X50
Lot Size Acres 0.06
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 301
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* Excluded Features
List By
River Hills Properties Llc Rome

Broker

(315) 525-3740

Phone

Affordability Calculator

$2,054
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,452
Monthly Property Taxes
$602
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/26/2026$229,900 Listed Price

Map


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301 N Madison Street, Rome, NY, 13440 is a Multi-Family Home for sale at $229,900 with 5,070 sqft and a lot size of 0.06. 301 N Madison Street has 9 bedrooms, 4.0 baths, and was built in 1909. The property's zip code is 13440 which is in Rome, NY