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Welcome to 120 Diamond Street. This charming and rare 4-unit is a perfect value add to any portfolio or an excellent owner-occupied house-hacking contender. 4 units span across just over 4,200 square feet of living space. There are 2, one-bedroom units and 2, two-bedroom units. 3 units are thoughtfully updated and remodeled and actively generating income, while one unit is down to the studs and requires your vision. Completing this unit would create a quick forced appreciation opportunity for the right buyer. The home is ideally situated on a corner lot with a large parking area at the rear for 4+ cars, a major plus for tenants. An attached garage on the backside of the building adds extra storage and could create additional value transformed into tenant storage or a possible coin-op laundry area. Rents are currently below market value but, could generate $3,000+/ month and $4,500+/ month after the fourth unit is complete and rented. In the village and close to everything. Only 3 minutes to I-90! Don't miss out on this rare opportunity to have 4 income generating units all in one place!
| DAYS ON MARKET | 1 | LAST UPDATED | 8/15/2026 |
|---|---|---|---|
| TRACT | Canastota Village | YEAR BUILT | 1976 |
| COMMUNITY | Canastota-Village-253601 | GARAGE SPACES | 1.0 |
| COUNTY | Madison | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| High School | Canastota High |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | Canastota-Village-253601 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Forced Air, Hot Water, Natural Gas, Radiant |
| HOA DUES | Multi Family |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Corner Lot, Rectangular Lot |
| LOT DIMENSIONS | 68X180 |
| STORIES | 2 |
| STYLE | Fourplex |
| SUBDIVISION | Canastota Village |
| TAXES | 7991 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Jacob Loope, Coldwell Banker Prime Prop,Inc, 315-622-0161
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is 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.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
