Tipp Hill two family with long term tenants on month-to-month basis...opportunity for investor to increase rent roll or for owner occupant to choose which floor they want to live on. Walking distance to all of Tipp Hills amenities and minutes to downtown. Great property to add to your investment portfolio...there is a third unit as this was modified to be a three unit but is being sold as a conforming two family and will have rental registry
Investment Opportunity, 3 unit property. ***Multiple Offers have been received, seller requests highest & best offers by 9am Thursday 5/16***
Owner will hold mortgage with 30% down at 8% for 3 years. No Balloon straight payments. Vinyl siding, updated windows and circuit breakers. Fully rented. Seller will not remove tenants.
Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $975,000. Currently there are rented to one big family for $1700/month plus utilities. It has 3-bedroom, 1 full bath in each unit. Rent can be higher so there are upside growth potential.
Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $975,000. Rents are on the low side for long term tenants, there are upside growth potential and it's worth the return of investment.
Part of a 6 property, 17 unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $975,000. Don't judge the book by it's cover. It shows well inside with long term tenants. Two new furnaces and hot water heaters. Separate utilities and within walking distance to gas stateion, stores and conveniently located closed to downtown & highway. 14% cash on cash return.
Stunning Spanish influenced Hacienda features tile roof and this beautiful spacious home has the character and charm of Meditterean villa. This 4-unit home features one 1-bedroom, 3 two-bedroom. House has many updates and currently 100% occupancy. Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $975,000.
Welcome to 1000 Bellevue, a meticulously maintained property offering an exceptional investment opportunity. This 18-unit has been thoughtfully managed and optimized for a seamless transition. Extensive work has been done to enhance the property's value and reduce maintenance costs. The pro forma outlines significant revenue growth opportunities. With 16 2-bed units currently renting at $1,100, owner has converted 3 of them into 3 bed units, capturing market rents of $1,380. This leaves the remaining 13 units for the new owner. This will increase rental income by $$4,480 a month and $53,760. Additionally, $21,600 can be added from a basement storage area that can be built out for tenant use per $100 per unit. With a current NOI of $17900 and a pro forma NOI of $240,000, the property offers solid returns. Various cap rate scenarios ranging from 8%-9% present attractive investment options to buy with existing equity already built in. Don't miss this opportunity to acquire a turnkey investment with significant upside.
This building is centered in the middle of the developing Near West Side. Across the street from The office building that houses the Syracuse City School District Offices and many other companies. Many opportunities in this developing area. CREATIVE FINANCING AVAILABLE FROM SELLER.
All rents are going up by $100 on December 1st. Owner will hold mortgage with full price offer with 30% down at 8% for 3 years no balloon. Owner has 3 properties that he is willing to bundle for an discounted all cash deal. New C of C dated June 5, 2024, to be included. Fully occupied. Apt 1,2 and 3 are cash. Apt 4 is PA and cash.
The median home value in Syracuse, NY is $162,700. This is lower than the county median home value of $203,800. The national median home value is $338,100. The average price of homes sold in Syracuse, NY is $162,700. Approximately 33.14% of Syracuse homes are owned, compared to 50.61% rented, while 16.26% are vacant. Syracuse real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Syracuse real estate agent to arrange a tour today!
Syracuse, New York 13204 has a population of 146,781. Syracuse 13204 is less family-centric than the surrounding county with 20.94% of the households containing married families with children. The county average for households married with children is 26.38%.
The median household income in Syracuse, New York 13204 is $40,490. The median household income for the surrounding county is $66,012 compared to the national median of $69,021. The median age of people living in Syracuse 13204 is 31.7 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 15 degrees. The average rainfall is approximately 40.9 inches per year, with 103.6 inches of snow per year.