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1 Mill Portfolio Street, Marathon, NY 13803

Marathon
Local realty services provided by:CENTURY 21 Jackson Real Estate
1 Mill Portfolio Street,Marathon, NY 13803
$595,000
  • 18 Beds
  • 10 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: coty lunn
Office: innovative commercial advisors
MLS#:333486
Source:NY_GBAR

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Price summary

  • Price:$595,000

About this home

Exceptional investment opportunity in Marathon, NY. This stabilized portfolio includes four buildings totaling 9 units: 4 W Main Street is a duplex, 1 Mill Street is a three family, 6 Mill Street is a duplex, and 8 Warren Street is a duplex. Three properties sit on the same street with the fourth only a block away, creating operational efficiency and strong tenant demand. Fully rented and generating $9,275 per month in gross income, the package delivers a solid 9.5 percent cap rate after expenses. All units offer tenant paid electric heat, laminate flooring, and several freshly painted interiors for easy maintenance and broad renter appeal. An additional single family at 8 Mill Street, currently in need of rehab, can also be included for an additional amount, providing clear value add potential and future upside for investors seeking long term growth.

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Home facts

  • Year built:1920
  • Listing ID #:333486
  • Added:227 day(s) ago
  • Updated:June 08, 2026 at 08:46 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:10
  • Full bathrooms:9
  • Half bathrooms:1
  • Flooring:Carpet, Vinyl

Heating and cooling

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

Structure and exterior

  • Year built:1920
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Aluminum Siding, Vinyl Siding, Wood Siding
  • Exterior Features:Covered, Patio
  • Foundation Description:Basement

Schools

  • Elementary school:Marathon

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$595,000
  • Tax amount:$14,290

Features and amenities

  • Appliances:Electric Water Heater

Parking

  • Parking description:2 Car Garage, Detached Garage, Driveway, Garage, Parking Spaces
  • Garage:Yes
  • Garage spaces:4

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