Excellent investment opportunity in the heart of Syracuse! This front-to-back two-unit property offers strong income potential with room to grow. The front unit features 1 bedroom and 1 full bath kitchen and living room and is currently vacant, providing an excellent opportunity for an owner-occupant or investor to place a new tenant at an estimated market rent of 900/month. The rear unit offers 3 bedrooms and 1 full bath, kitchen, living room and dining room and is tenant occupied at $1,000 a month. Rent for this unit is currently below market value leaving leaving potential for increased cash flow and excellent income potential with projected gross annual rents of approximately $22,800 based on market rents. Conveniently located near downtown, shopping, dining, public transportation and major highways. This is a great opportunity for investors or buyers seeking an owner-occupied multi-family property with supplemental income potential. Vacant unit and basement can be shown anytime, occupied unit needs a minimum of 24 hours notice to show.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.