726 N James St

Rome, NY 13440

$249,900
Price
10
Beds
4,098 Sq. Ft.
$61 / Sq. Ft.
4,098
Sq. Ft.
$61
per Sq. Ft.
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New
New

Description

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...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 from substantial income generated by the remainder of the property. Several tenants are long-term occupants who would welcome the opportunity to remain, providing valuable continuity for the next owner. Additional improvements include updated vinyl windows throughout, a walk-up attic that is both insulated and well ventilated, and a dry, functional basement housing the mechanical systems. Conveniently located near grocery stores, the post office, dining options, and public transportation, this property offers both accessibility and exceptional versatility for investors and owner-occupants alike. Rome City taxes reflect the inclusion of unmetered water, public sewer, and weekly garbage & green waste pick up for that of a 2 unit rental, making operating costs incredibly economical.
  1. Listed by Lori A. Frieden • Coldwell Banker Faith Properties R
    P: (315)-225-9958 C: (315)-225-9958 lorifriedensells@gmail.com

Property Details for 726 North James Street

Architectural Style
Other, See Remarks
Furnished
Furnished
Has Waterfront
No
LISTING UPDATED: 07/11/2026 02:02 PM

Property Details for 726 North James Street

StatusActive
MLS #S1697845
Days on MarketListed Today
Taxes$6,778 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Residential
Year Built1890
Lot Size0.28 AC / 12,196 SF
CountyOneida County
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Location

Listing Courtesy of Coldwell Banker Faith Properties R
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Building Information for 726 North James Street

Stories2Residences8Year Built1890Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

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$1,810 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,245

Property Taxes

$565

HOA Dues

$0

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Property Information for 726 North James Street

Summary
Location and General Information
  • Cross Street: E Garden St
  • Latitude: 43.219355
  • Longitude: -75.450203
  • MLS Area Major: Rome-Inside-301301
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 301301-242-027-0001-053-000-0000
  • Tax Annual Amount: $6,778.00
  • Tax Assessed Value: 68400
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: Parking Available, Two Or More Spaces
Virtual Tour
Property
Lot Information
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Lot Size Dimensions: 60X199
  • Lot Size Square Feet: 12197.0
  • Road Frontage Type: City Street
Property and Assessments
  • Building Area Source: Public Records
  • Building Area Total: 4098.0
  • Living Area: 4098.0
  • Property Condition: Resale
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Year Built Details: Existing
Building Features
  • Construction Materials: Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone
  • Levels: Two
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • 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: Oil Water Heater
  • Basement: Exterior Entry, Full, Walk Up Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 10
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Has Fireplace: No
  • Flooring: Carpet, Varies
  • Heating: Gas, Forced Air
  • Has Heating: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Exterior Features
  • Patio And Porch Features: Covered, Open, Porch
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Stories Total: 2
Multi Family
Multi Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 8
Income & Expenses
  • Operating Expense Includes: Electric, Insurance, Other, See Remarks, Snow Removal, Trash, Utilities, Water Sewer
Unit Information
Unit 1
  • Actual Rent: $350.00
  • Actual Rent Range: 350
  • Baths Total: 2
  • Beds Total: 7
  • Description: Oven/ Range,Refrigerator,Other - See Remarks
  • Has Month To Month: Yes
  • Num Full Baths: 2
  • Num Half Baths: 0
  • Total Rent: $350.00
Unit 2
  • Actual Rent: $900.00
  • Actual Rent Range: 900
  • Baths Total: 1
  • Beds Total: 3
  • Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Laundry-In Unit,Living Room
  • Has Month To Month: Yes
  • Num Full Baths: 1
  • Num Half Baths: 0
  • Total Rent: $900.00
Rental
Rent Information
  • Rent Includes: Common Area Maintenance, Electricity, Gardener, Heat, Hot Water, Snow Removal, Trash Collection, Water

Property History for 726 North James Street

DateEvent & SourcePriceAppreciation
Jul 11, 2026

Listed (Active)

WNYREIS #S1697845

$249,900—
Jul 11, 2026

Listed (Active)

Central New York Information Services #S1697845

$249,900—
Jul 11, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #S1697845

$249,900—
DateEvent & SourcePrice
07/11/2026

Listed (Active)

WNYREIS #S1697845

$249,900
07/11/2026

Listed (Active)

Central New York Information Services #S1697845

$249,900
07/11/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #S1697845

$249,900

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

Public Records for 726 North James Street

Taxable ValueLand$18,300Additions$50,100Total$68,400
Home Facts
Beds6Total Finished SqFt2,725 SqFtAbove Grade Finished SqFt2,725 SqFtUnfinished Basement SqFt1,373 SqFtStories2Lot Size12,197 SqFtStyleMiscellaneous ResidentialYear Built1890ZoningR-1-8CountyONEIDAAPN301301 242.027-1-53

Schools near 726 North James Street

This home is within Rome City School District.
Rating
School
Type
Grades
Distance
Louis V Denti Elementary School
Public - K to 6
George R Staley Upper Elementary School
Public - K to 6
Lyndon H Strough Middle School
Public - 7 to 8
Rome Free Academy
Public - 9 to 12
Rating
School
Distance
Louis V Denti Elementary School
PublicK to 6

George R Staley Upper 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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More information about 726 North James Street, Rome, NY 13440

726 North James Street is a multi-family home for sale in Rome, NY 13440. This property was listed for sale on July 11, 2026 by Coldwell Banker Faith Properties R, it's currently listed at $249,900. This listing's school district is Rome City School District. Nearby schools include Louis V Denti Elementary School, George R Staley Upper Elementary School and Lyndon H Strough Middle School. 726 North James Street is a 10-bed, 3-bath, 4,098 sqft multi-family home built in 1890.

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 Coldwell Banker Faith Properties R

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.