Well-maintained, turnkey 15-unit in the city of Syracuse. All apartments are spacious 2-bedrooms, 1-bath with an average rental rate of $625/mo, heat and hot water included. Electric is separately metered, landlord pays gas. This property is priced at a true 10% cap rate, with upside potential (rents are below market). The clean, dry basement provides plenty of additional space for storage and workshop for the landlord, or can be used for laundry facilities for extra income. The property also includes an ample parking lot with more than enough space for each tenant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
