Sold for $595,000

$595,000

1 Mill Portfolio St, Marathon, NY 13803

18beds

9,250sqft

Multi Family, Apartment

Built in 1920

-- sqft lot

$608,800 Zestimate^®

$64/sqft

$965 Estimated rent

Home value

$608,800

Estimated sales range

Not available

$965/mo

Zestimate^® history

Owner options

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$965/mo

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$965/mo

Rent Zestimate^®

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$4,670/mo

Est. payment

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$4,670/mo

Est. payment

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What's special

Tenant paid electric heatLaminate flooringSeveral freshly painted interiors

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 9
Full bathrooms: 9
1/2 bathrooms: 1

Heating

Baseboard, Forced Air

Cooling

Ceiling Fan(s)

Appliances

Included: Electric Water Heater

Features

Flooring: Carpet, Vinyl

Interior area

Total interior livable area: 9,250 sqft
Finished area above ground: 9,250
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Driveway, Detached, Garage, Two Car Garage, Parking Space(s)
Garage spaces: 4

Features

Patio & porch: Covered, Patio
Exterior features: Patio

Lot

Size: 3 Acres
Dimensions: 3 acres
Features: Level

Details

Zoning: Multi-Family
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Family
Property subtype: Multi Family, Apartment

Materials

Aluminum Siding, Vinyl Siding, Wood Siding
Foundation: Basement

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Marathon

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $423,000
Annual tax amount: $14,290
Date on market: 10/24/2025
Listing agreement: Exclusive Right To Sell
Inclusions: CARBON MONOXIDE DETECTOR, SMOKE DETECTORS
Ownership: OWNER

Price history

Date	Event	Price
5/29/2026	Sold	$595,000-8.4%$64/sqft
Source: GBMLS #333486 Report a problem
2/27/2026	Pending sale	$649,900$70/sqft
Source: GBMLS #333486 Report a problem
12/5/2025	Price change	$649,900-4.4%$70/sqft
Source: GBMLS #333486 Report a problem
10/24/2025	Listed for sale	$679,900$74/sqft
Source: GBMLS #333486 Report a problem