103 W Embargo Street
Rome, NY 13440
$159,900
Beds:
4
Baths:
2
Sq. Ft.:
1,682
Type:
House
Listing #
S1710444
14%+ CAP RATE! INVESTOR ALERT! CASH-FLOWING 2-UNIT DUPLEX IN THE CITY OF ROME GENERATING $2,300/MONTH IN GROSS RENT, OR $27,600 ANNUALLY. AT THE $159,000 ASKING PRICE, THIS PROPERTY OFFERS AN ATTRACTIVE 14.87% CAP RATE BASED ON ANNUAL RENTAL INCOME LESS PROPERTY TAXES. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH SPACIOUS LAYOUTS. THE LOWER UNIT RENTS FOR $1,200/MONTH AND INCLUDES A THIRD PARTIALLY FINISHED BONUS ROOM IN THE BASEMENT, UPDATED FLOORING, OVEN, REFRIGERATOR, AND A HOT WATER TANK INSTALLED APPROXIMATELY 6 MONTHS AGO. THE UPPER UNIT RENTS FOR $1,100/MONTH AND FEATURES AN UPDATED LAYOUT AND BRAND-NEW HOT WATER TANK. BOTH UNITS ARE CURRENTLY OCCUPIED, PROVIDING IMMEDIATE RENTAL INCOME FROM DAY ONE. LOW $159,000 PURCHASE PRICE, STRONG RENTAL INCOME, AND SIGNIFICANT UPSIDE MAKE THIS A GREAT OPPORTUNITY FOR INVESTORS LOOKING TO ADD A CASH-FLOWING PROPERTY TO THEIR PORTFOLIO. CONVENIENTLY LOCATED NEAR DOWNTOWN ROME, SHOPPING, RESTAURANTS, AND MAJOR ROUTES SUCH AS ERIE BVLD!
Property Features
County:
Oneida
MLS Area:
Rome-Inside
Latitude:
43.2143
Longitude:
-75.454736
Geographic City/Town:
Rome
Subdivision:
City/Rome
Interior:
Ceiling Fan(s), Separate/Formal Living Room, Galley Kitchen, Living/Dining Room, Other, See Remarks, Bedroom on Main Level, Main Level Primary
Full Baths:
2
Has Dining Room:
Yes
Has Fireplace:
No
Number of Fireplaces:
0
Heating:
Gas, Forced Air
Floors:
Varies, Vinyl
Laundry:
Main Level
Appliances:
Free-Standing Range, Gas Water Heater, Oven, Refrigerator
Basement Description:
Full
Has Basement:
Yes
Total Number of Units:
0
Style:
Two Story
Stories:
2
Construction/Exterior:
Vinyl Siding
Exterior:
Blacktop Driveway
Foundation:
Stone
Possession:
Close Of Escrow
Water / Sewer:
Connected
Water:
Connected, Public
Parking Description:
No Garage
Has Garage:
No
Garage Spaces:
0
Lot Features:
Corner Lot, Other, Near Public Transit, Rectangular, Rectangular Lot, See Remarks
Lot Size in Acres:
0.04
Dimensions:
50X33
Has Waterfront:
No
Other Utilities:
Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Property Type:
SFR
Property SubType:
Single Family Residence
Property SubType 2:
Residential
Year Built:
1900
Status:
Active
Senior Community:
No
Listing Terms:
Cash, Conventional, FHA, VA Loan
Tax Amount:
$4,047
Listing Provided Courtesy of Howard Hanna Real Estate
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NY State Alliance data last updated at September 9, 2026, 11:30 PM ET
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