405 Cogswell Avenue, Geddes

$ 649,000
405 Cogswell Avenue, ,

Overview

  • Updated On:
  • September 16, 2026
  • 7,898.00 ft2 Interior
  • 6 Bedrooms
  • 0.14 ac Acres

Description

Historically high occupancy, very low vacancy, consistent rental demand, and additional upside potential make this 6-unit Solvay property a strong addition to an investment portfolio. The property is currently 100% occupied, generating $6,635 in gross monthly rent and $79,620 in gross annual rental income. Several units are currently rented below prevailing market rates, creating an opportunity for future income growth as leases turn over and rents are adjusted over time. Each tenant pays their own apartment utilities, including heat, electric and cable. Connections to Route 690, Fairmount retail centers, Downtown Syracuse, area hospitals and major employers. 405 Cogswell Ave offers an attractive opportunity for investors seeking both current cash flow and future income growth.

Property Location

Street: 405 Cogswell Avenue
Tax Area: Solvay-Village
County:
Postal City: Syracuse
State: NY
Zip: 13209
School District: Solvay
Waterfront Y/N: No
HOA Y/N: No
Directions: Milton Ave in Village of Solvay to Cogswell Ave

Property Details

Property Id: 1323177
Price: $ 649,000
Property Size: 7,898.00 ft2
Property Lot Size: 0.14 ac
Bedrooms: 6
Waterfront Y/N: No
Basement: Full
Bedrooms Total: 6
Building Sq Ft Total: 7898
Community Features: None
Directions: Milton Ave in Village of Solvay to Cogswell Ave
Elementary School District: Solvay
Flooring: Carpet, Hardwood, Varies, Vinyl
Gross Income: 79620
Heating: Baseboard, Electric
High School District: Solvay
Latitude: 43.059327
Levels: Two
List Office Name: Hunt Real Estate ERA
List Office Phone: 315-699-3200
List Price: 649000
Listing Id: S1704002
Living Sq Ft: 7898
Longitude: -76.218166
Lot Features: Rectangular, RectangularLot, ResidentialLot
Acres: 0.1435
Lot Acres: 0.1435
Lot Dimensions: 50X125
Middle School District: Solvay
Status: Active
Operating Expense Includes: Insurance, ProfessionalManagement, SnowRemoval, Trash, WaterSewer
Photos: 18
Possession: CloseOfEscrow
Postal City: Syracuse
Zip Code: 13209
Description: Historically high occupancy, very low vacancy, consistent rental demand, and additional upside potential make this 6-unit Solvay property a strong addition to an investment portfolio. The property is currently 100% occupied, generating $6, 635 in gross monthly rent and $79, 620 in gross annual rental income. Several units are currently rented below prevailing market rates, creating an opportunity for future income growth as leases turn over and rents are adjusted over time. Each tenant pays their own apartment utilities, including heat, electric and cable. Connections to Route 690, Fairmount retail centers, Downtown Syracuse, area hospitals and major employers. 405 Cogswell Ave offers an attractive opportunity for investors seeking both current cash flow and future income growth.
Rent Includes: SnowRemoval, TrashCollection, Water
Road Frontage: CityStreet, MainThoroughfare
Roof: Architectural, Shingle
StateOrProvince: NY
Stories: 2
Street Name: Cogswell
Street Number: 405
Street Number Numeric: 405
Street Suffix: Avenue
Total Taxes: 9980
Assessed Value: 124000
Town: Solvay-Village
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1960
YearBuiltDetails: Existing

Amenities and Features

Other Features
Basement Y/N 1
BlacktopDriveway
ElectricWaterHeater
Has Heating System
SeeRemarks

Virtual Tour

Map

Courtesy Of : Hunt Real Estate ERA
315-699-3200

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.

Payment Calculator

$ 3,327.55
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,516.30

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