UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 918 sqft
Price per Sqft $108
Subdivision City/Syracuse
MLS Listing ID S1717311
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1920
Lot Size 3,267 Sqft
Acres 0.075
Lot Dimensions 33X99
Property Sub-Type Multi Family
Property Description
Investors, take a look! This two-unit property on the North Side of Syracuse offers an excellent opportunity to acquire a property with **existing rental income and significant upside potential**.
The first-floor apartment features **two bedrooms** and is currently occupied by a good tenant paying **$900 per month** on a month-to-month rental arrangement, providing immediate income to the new owner.
The lower level features a **partially finished one-bedroom apartment** that requires additional work before it can be placed into service. Once completed, this additional living space could provide another source of rental income and significantly improve the property's overall income-producing potential.
The property also includes a **two-car detached garage** in the rear, along with a side driveway and off-street parking—an attractive feature for both tenants and future rental potential.
This is a classic **value-add investment opportunity**: collect income from the existing tenant while completing the lower-level apartment and increasing the property's future cash flow. Whether you're an experienced investor or looking for your next project, this property offers multiple ways to add value.
**Bring your vision, make the improvements, and unlock the property's full income potential. Come take a look!**
The Owner is the Listing Broker/Agent
Location
State NY
County Onondaga
Community City/Syracuse
Area Syracuse City-311500
Rooms
Basement Partial, Partially Finished
Interior
Heating Gas, Forced Air, Gravity
Flooring Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 2.0
Utilities Available Sewer Connected, Water Connected
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Connected
Water Connected, Public
Level or Stories One
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-007-000-0032-013-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1717311
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