$123,000
$130,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,824 SqFt
SOLD DATE : 08/14/2024
Key Details
Sold Price $123,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $67
Subdivision Cathers Tract
MLS Listing ID S1522523
Sold Date 08/14/24
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,076
Lot Size 4,495 Sqft
Acres 0.1032
Lot Dimensions 30X149
Property Sub-Type Multi Family
Property Description
Fantastic Investment Opportunity in Syracuse! Welcome to this recently improved duplex in the heart of Syracuse. With a double-digit cap rate and a 25%+ cash-on-cash return when fully rented, this property offers a lucrative investment opportunity with strong cash flow potential. Whether you're an investor seeking passive income or a “house-hacking” owner-occupant looking to offset mortgage costs, this property boasts recent improvements, including plumbing and floors, making it move-in ready. Residents enjoy easy access to amenities, schools, parks, and major transportation routes, enhancing the property's appeal to potential tenants. Don't miss out on this rare opportunity to own a turnkey duplex with excellent rental income potential. Schedule a showing today and seize the chance to start or expand your real estate investment portfolio!
Location
State NY
County Onondaga
Community Cathers Tract
Area Syracuse City-311500
Direction From Salina Street, take W Brighton Ave. Turn right onto Cannon Street. Left onto Forest Ave. First home on our left
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-077-000-0021-013-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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