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
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 Details
Price:
$225,000
MLS #:
R1688848
Status:
Pending
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
macedon543000
Listed Date:
Jun 9, 2026
Finished Sq Ft:
2,338
Total Sq Ft:
2,338
Lot Size:
13,939 sqft / 0.32 acres (approx)
Year Built:
1870
Units:
3
See this Listing
Schools
School District:
Palmyra-Macedon
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Varies, Vinyl
Heating
Gas, Forced Air
Interior Features
Natural Woodwork
Levels
Two
Exterior
Architectural Style
Triplex
Construction Materials
Composite Siding, Copper Plumbing
Exterior Features
Enclosed Porch, Porch
Garage Spaces
2
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Garage, Paved, Two Or More Spaces
Roof
Asphalt, Metal
Stories
2
Window Features
Thermal Windows
Financial
Taxes
$5,973
Map
Community
- Address1 Erie Street North Macedon NY
- CityMacedon
- CountyWayne
- Zip Code14502
Market Summary
Current real estate data for Multi Family in Macedon as of Jul 23, 2026
2
Multi Family Listed
75
Avg DOM
101
Avg $ / SqFt
$250,000
Avg List Price
Property Summary
- 1 Erie Street North Macedon NY is a Multi Family for sale in Macedon, NY, 14502. It is listed for $225,000 To schedule a showing of MLS#r1688848 at 1 Erie Street North in Macedon, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Doebler Realty, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1 Erie Street North
Macedon, NY