1 Mill Portfolio Street, Marathon, NY 13803

Local realty services provided by:CENTURY 21 North East
1 Mill Portfolio Street,Marathon, NY 13803
$649,900
  • 18 Beds
  • 10 Baths
  • 9,250 sq. ft.
  • Multi-family
  • Active
Listed by: coty lunn
Office: innovative commercial advisors
MLS#:333486
Source:NY_GBAR

Price summary

  • Price:$649,900
  • Price per sq. ft.:$70.26

About this home

Exceptional investment opportunity in Marathon, NY—three duplexes and one triplex offering a total of 9 units, with three properties on the same street and the fourth just a block away. Fully rented and stabilized, this turnkey portfolio generates $9,275/month in gross income and delivers a strong 9.5% cap rate after all expenses. All units feature electric heat (tenant-paid), laminate flooring, and several freshly painted interiors for easy maintenance and modern appeal. Investors will appreciate the consistent cash flow and minimal owner expenses. A single-family home on the same street, currently in need of repairs, can also be included for additional value and future upside for an extra price. Start earning from day one with this well-maintained, high-performing multifamily package.

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Home facts

  • Year built:1920
  • Listing ID #:333486
  • Added:51 day(s) ago
  • Updated:December 14, 2025 at 03:45 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:10
  • Full bathrooms:9
  • Half bathrooms:1
  • Living area:9,250 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Baseboard, Forced Air

Structure and exterior

  • Year built:1920
  • Building area:9,250 sq. ft.

Schools

  • Elementary school:Marathon

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$70.26
  • Tax amount:$14,290