Active
9 beds5,070 sqft
301 N Madison St, Rome, NY 13440
Est: $1,830/moGet pre-approved
Multi FamilyProperty Type
0.06 acresLot Size
1909Year Built
$45/sq ftPrice per sq ft

Description

Established three-unit investment opportunity in rome! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one. Located in downtown Rome, this property offers convenient access...Established three-unit investment opportunity in rome! This well-maintained three-unit property offers an excellent opportunity for an investor looking to add an income-producing property to their portfolio or for someone ready to take the first step into real estate investing. All three units are currently tenant occupied with long-term tenants, providing an established rental history and the potential for immediate income from day one. Located in downtown Rome, this property offers convenient access to local shops, restaurants, services and other downtown amenities, with the added benefit of being within walking distance to many area destinations. The property is also centrally located for commuters, with easy access to surrounding communities and nearby cities, approximately 15 minutes to New Hartford and about an hour to Syracuse. The property is conveniently located near Griffiss Business & Technology Park and the continued investment and development taking place throughout the Rome and Mohawk Valley region, including major employers and projects such as Chobani and Micron. This location places investors in an area experiencing significant ongoing development and growth. Well maintained and ready for a new owner, this three-unit property offers the opportunity to step into an established rental property with long-term tenants already in place. A great addition to an existing investment portfolio or an opportunity to begin building one in the Rome market.
Days on Market Listed Today
  • Listed by: Dana Chirillo 315.525.3740 danalaurenofriverhills@gmail.com • River Hills Properties LLC Rome
  • Listed by: Kaitlyn Benedetto 315.825.1233 keysbykaitb@gmail.com • River Hills Properties LLC Rome
Last updated: 09/25/2026 08:21 PM • Source: New York State Alliance of MLSs (Buffalo), MLS#: S1716453

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Location

Listing Courtesy of River Hills Properties LLC Rome
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Payment Calculator

$1,830 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,227

Property Taxes

$602

HOA Dues

$0

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Property Information for 301 North Madison Street

Property Details
  • Taxes: $7,227 / year
  • MLS Type: Residential / Residential
  • Architectural Style: Triplex
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1909
  • Lot Size: 0.06 AC / 2,613 SF
Summary
Location and General Information
  • Cross Street: W. Thomas
  • Directions: From W. Thomas St, take a left onto N. Madison St and property is located on the right and marked with signage
  • Latitude: 43.216438
  • Longitude: -75.461891
  • MLS Area Major: Rome-Inside-301301
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 301301-242-033-0001-044-000-0000
  • Tax Annual Amount: $7,227.00
  • Tax Assessed Value: 60000
School Information
  • Elementary School District: Rome
  • High School: Rome Free Academy
  • High School District: Rome
  • Middle Or Junior School: Lyndon H Strough Middle
  • Middle Or Junior School District: Rome
Parking
  • Garage Spaces: 0.0
  • Parking Features: Paved, Two Or More Spaces
Property
Lot Information
  • Lot Features: Rectangular, Rectangular Lot
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Dimensions: 52X50
  • Lot Size Square Feet: 2614.0
  • Road Frontage Type: Main Thoroughfare
Property and Assessments
  • Building Area Total: 5070.0
  • Living Area: 5070.0
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1909
  • Year Built Details: Existing
  • Attic: Full
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Stone
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Has Fireplace: No
  • Flooring: Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Window Features: Storm Windows, Thermal Windows
Exterior Features
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal
  • Stories Total: 2
Multi Family
Multi Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
Income & Expenses
  • Operating Expense Includes: Insurance, Trash, Water Sewer
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 301 North Madison Street

DateEvent & SourcePriceAppreciation
Sep 25, 2026

Listed (Active)

Central New York Information Services #S1716453

$229,900—
Sep 25, 2026

Listed (Active)

WNYREIS #S1716453

$229,900—
Sep 25, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #S1716453

$229,900—
DateEvent & SourcePrice
09/25/2026

Listed (Active)

Central New York Information Services #S1716453

$229,900
09/25/2026

Listed (Active)

WNYREIS #S1716453

$229,900
09/25/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #S1716453

$229,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 301 North Madison Street

This home is within Rome City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
George R Staley Upper Elementary School
PublicK to 6

Gansevoort Elementary School
PublicK to 6

Lyndon H Strough Middle School
Public7 to 8

Rome Free Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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301 North Madison Street is a multi-family home for sale in Rome, NY 13440. This property was listed for sale on September 25, 2026 by River Hills Properties LLC Rome, it's currently listed at $229,900. This listing's school district is Rome City School District. Nearby schools include George R Staley Upper Elementary School, Gansevoort Elementary School and Lyndon H Strough Middle School. 301 North Madison Street is a 9-bed, 4-bath, 5,070 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of River Hills Properties LLC Rome

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.