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.
Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Water
Flag Lot, Near Public Transit, Residential Lot
Carpet, Hardwood, Resilient, Varies
Electric, Gas, Baseboard, Forced Air
Cedar, Vinyl Siding, Copper Plumbing, PEX Plumbing
Flag Lot, Near Public Transit, Residential Lot
Cedar, Vinyl Siding, Copper Plumbing, PEX Plumbing
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