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$ 195,000
Est. payment | /mo
6 Beds
2 Baths
$ 195,000
Est. payment | /mo
6 Beds
2 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11999458
Bedrooms 6
Full Baths 2
Year Built 1930
Annual Tax Amount $3,181
Property Description
14.6% CAP RATE | GROSS INCOME: $33,600.00 | IMMEDIATE CASH FLOW Gross Annual Income: $33,600 Monthly Gross Income: $2,800 Annual Taxes: $3,181 A solid two-family investment with strong rents. Just a block from Demong Park. Well maintained with real, recent improvements - this is a property that's already producing income from day one. Month to Month Leases. PROPERTY FEATURES Apt 1: 2 bed / 1 bath - $1,300/mo (entrance in rear - windows), washer/dryer hookup in basement, Apt 2: 4 bed / 1 bath - $1,500/mo, (entrance in front) dedicated in-unit washer/dryer 33' x 99' lot with a private driveway Rear deck and detached shed, Lead paint inspection completed in 2026 RECENT UPDATES New boiler, Added washer/dryer hookups New flooring, Fresh paint throughout, Roof approximately 3 years old. Less than 10 minutes from the new IKEA, close to Onondaga Lake and the State Fairgrounds, and right in the middle of everything happening in Syracuse right now: colleges, Trader Joe's, Walmart, and a strong local restaurant scene. Whether the buyer is an investor or an end user who wants built-in rental income, this property is PERFECT! Note: Can be sold individually or as part of a multi-unit package
Location
State NY
County 36067
Rooms
Kitchen 0
Nearby Locations
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