UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 25,212 sqft
Price per Sqft $191
MLS Listing ID S1712632
Bedrooms 16
Construction Status Existing
HOA Y/N No
Year Built 1965
Annual Tax Amount $66,448
Lot Size 0.397 Acres
Acres 0.3973
Lot Dimensions 168X103
Property Sub-Type Commercial
Property Description
The property features an impressive unit mix of 42 studio-style one-room efficiencies, 4 one-bedroom apartments, 10 two-bedroom apartments and 2 three-bedroom units. Units are equipped with full-size refrigerators and electric stoves. Rent includes heat, hot water and electric, providing a straightforward rental structure for tenants. The complex is serviced by 3 boiler systems and 1 hot water tank. Owner-operated coin laundry on premises provides an additional revenue stream, while on-site management is available to assist with the day-to-day operation of this sizable investment.
With 58 TOTAL APARTMENTS, diversified unit sizes, additional laundry income and a highly convenient location, this is an exceptional opportunity to acquire a significant multifamily asset and add substantial unit count to an existing portfolio. Whether expanding your current holdings or seeking a large-scale income-producing property, 304 Court Street & N Alvord Street deserves your attention. GREAT OPPORTUNITY AWAITS!
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction 304 Court Street is located on the corner of Court Street and N. Alvord Street
Rooms
Basement Full
Interior
Heating Electric, Gas, Zoned, Baseboard
Cooling Zoned
Flooring Carpet, Luxury Vinyl, Varies
Fireplace No
Appliance Exhaust Fan, Electric Water Heater, Gas Water Heater, Refrigerator, Range Hood
Exterior
Exterior Feature Blacktop Driveway
Community Features None
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Cedar
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-007-000-0012-001-000-0000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1712632
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