BEDS5
BATHS2 full
SQUARE FEET1,918
MLS#S1716976
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHeemans Tr
SCHOOLSyracuse
Property Description
Investor opportunity with significant rental upside! This two-family property features Unit#1 a 3 bedroom, 1 bath unit and Unit #2 a 2 bedroom, 1 bath unit, both currently occupied by month-to-month tenants providing immediate income and future leasing flexibility. Current rents $825/unit are below market, creating strong potential to increase cash flow over time. Based on current Syracuse Section 8 Fair Market Rents of approximately $1,493 for a 2 bedroom and $1,808 for a 3 bedroom, there may be substantial room for income growth. Additional features include newer hot water tanks, separate electric panels, and vinyl windows. Current valid RR certificate. A solid opportunity for an investor looking to add a value-add multifamily property to their portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Electric, Gas, Baseboard, Forced Air
Lot Size: 0.05 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,634
Year Built: 1900
Amenities
Natural Woodwork
Deck
Fence
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 13
Exterior: Cedar, Vinyl Siding, Copper Plumbing, PEX Plumbing
Fencing: Partial
Flooring: Carpet, Hardwood, Resilient, Varies
Laundry: Washer Hookup
Lot: Flag Lot, Near Public Transit, Residential Lot
Lot Dimensions: 60X35
Parcel#: 311500-016-000-0009-013-000-0000
Parking: Gravel, On Street
Parking Notes: Gravel, On Street
Patio/Porch: Deck, Open, Porch
Sewer: Connected
Units: 2
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Syracuse
Listed By / Shown By
Listing By
Agency Name: Acropolis Realty Group LLC
Agency Phone: 315-396-0493
Shown By
Agent Name: Jim Knight
Agent Phone: (716) 998-0199
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 584.50 per month $322.71 Principal & Interest $219.50 Property Tax $42.29 Homeowner's Insurance
410 Seward Street | MLS# S1716976
This multi-family property located at 410 Seward Street, Syracuse, NY 13203 is currently listed for sale with an asking price of $145,000. Seward Street is located within the Syracuse school district. Search Syracuse real estate on jknight.mjpeterson.com today.