726 N James Street, Rome, NY 13440

EXCEPTIONALLY UNIQUE INVESTMENT OPPORTUNITY offering possibilities far beyond the typical two-unit rental. While city tax records classify the property as a two-family residence, the income-producing potential tells a MUCH greater! The main level features a spacious 3 bed, 1 bath apartment with both side and rear entrances, creating an ideal setup for owner occupancy or a traditional rental unit. Currently generating $900 per month in rental income, market potential is estimated between $1,200 and $1,800 per month. The front portion of the property operates in a rooming house or hostel-style configuration, offering seven private single-room units, two shared full bathrooms, and a communal kitchen. Each room currently rents for approximately $320 to $350 per month, creating an impressive annual income potential estimated between $32,000 and $38,000. For an owner-occupant, this presents a remarkable opportunity to live comfortably in the three bedroom apartment while benefiting...