509 W Thomas St, Rome, NY 13440

Whether you’re looking to expand your investment portfolio or offset your mortgage with rental income, this move-in ready two-unit property offers exceptional flexibility and opportunity. Owner occupy one unit while generating income from the other, or maximize returns by utilizing both as rental units. After some exterior sprucing up is completed, you have yourself an absolute GEM! The main level unit has been refreshed with updated laminate flooring and fresh paint, creating a bright and welcoming atmosphere. Features include a spacious eat-in kitchen complete with gas stove, refrigerator, washer, and dryer, an updated bathroom, two generously sized bedrooms, a formal dining room, and a large living room. Enjoy the added bonus of both front and side porches for outdoor relaxation. Upstairs, the second unit offers another 2 bedroom, 1 bath layout featuring a large eat-in kitchen, formal dining room, and spacious living room. An insulated rear room provides the perfect transition space from the rear entrance and would make an ideal mudroom, drop zone, or additional storage area. Additional highlights include ample off-street parking, a spacious partially fenced backyard, updated vinyl windows, and abundant storage throughout, including oversized bedroom closets and a storage shed. The property is equipped with separate gas meters, electrical services, water heaters, and gas furnaces for each unit, offering convenience and independence for occupants. An added bonus is the property’s low assessment, resulting in VERY AFFORDABLE TAXES that include unmetered water, sewer, garbage collection, and green waste pickup for both units. Conveniently located with easy access to all areas of the city and major roadways, this property is also close to local recreational amenities including JFK Arena for winter ice skating and the Municipal pool for summer fun. Opportunities like this don’t come along often... whether you’re an investor or owner-occupant, this one deserves a closer look.