$170,000
$179,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
5,643 SqFt
SOLD DATE : 07/28/2021
Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,643 sqft
Price per Sqft $30
MLS Listing ID S1331580
Sold Date 07/28/21
Style Fourplex
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $5,059
Lot Size 0.418 Acres
Acres 0.4182
Lot Dimensions 92X198
Property Sub-Type Multi Family
Property Description
This is the high cashflow money-maker you've been waiting for! This turnkey 4-unit on the Northside of Syracuse with long-term tenants offers double digit cap rates. Invest with peace of mind knowing the roof was replaced in 2012, 3 furnaces are brand new, and a new Certificate of Compliance was issued by the city of Syracuse in 2020. Utilities are separately metered so tenants pay their own gas and electricity. Apartments are spacious and have been updated over the last few years featuring new kitchens, bathrooms, and flooring throughout. Three apartments are rented to long-term tenants who are current on rent and the 4th unit is being left vacant for the new owner to occupy or rent themselves. The property also includes off street parking and a detached garage which the owner can use for storage or additional rental income.
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction Turtle
Rooms
Basement Full, Walk-Out Access
Interior
Heating Gas, Forced Air
Flooring Carpet, Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 1.0
Utilities Available Cable Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Garage Yes
Building
Lot Description Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Tax ID 311500-002-000-0022-013-000-0000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Acropolis Realty Group LLC
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com