MP Home Team

26216 State Route 3 218
Le Ray, NY, 13601
$269,900
5 Beds
3 Baths
2,127 SqFt
0.27 Acres
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MLS #S1657445 image #0
This turnkey 3-unit multifamily is a perfect opportunity for an owner-occupant or investor looking for a fully updated property in a prime location! The front unit features a beautifully renovated studio apartment, along with two additional updated 2 bed, 1 bath units in the rear—offering a strong, versatile rental setup. The property has recently undergone an extensive makeover including new flooring, fresh paint, updated appliances, a new roof, and a brand new furnace, making it truly move-in ready with major upgrades already completed. The studio apartment is already spoken for at $1,000/month, while the two rear units are vacant and ready for immediate occupancy, allowing a new owner to set their own rents and maximize income. Ideally positioned right between Watertown and Fort Drum, this location is hard to beat for consistent rental demand. Outside, you’ll find plenty of parking and a decent-sized backyard, adding even more appeal for tenants. A great chance to secure a renovated multifamily with strong upside in one of the area’s most convenient locations!

Property Details

Price:
$269,900
MLS #:
S1657445
Status:
ActiveUnderContract
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
leray224089
Listed Date:
Jan 22, 2026
Finished Sq Ft:
2,127
Total Sq Ft:
2,127
Lot Size:
11,627 sqft / 0.27 acres (approx)
Year Built:
1986
Units:
3
TriplexLe Ray-224089Leray224089WatertownProbate

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Schools

School District:
Watertown

Interior

Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Carpet, Luxury Vinyl, Varies
Heating
Electric, Gas, Baseboard, Forced Air
Laundry Features
Washer Hookup

Exterior

Architectural Style
Triplex
Construction Materials
Vinyl Siding, Pex Plumbing
Parking Features
Gravel, Parking Available, Two Or More Spaces
Roof
Architectural, Shingle

Financial

Taxes
$4,518

Map

Community

Market Summary

Current real estate data for Multi Family in Le Ray as of Feb 05, 2026
1
Multi Family Listed
14
Avg DOM
127
Avg $ / SqFt
$269,900
Avg List Price

Property Summary

    26216 State Route 3 218 Le Ray NY is a Multi Family for sale in Le Ray, NY, 13601. It is listed for $269,900

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26216 State Route 3 218
Le Ray, NY
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