Excellent investment opportunity at 802 Pond Street, Syracuse! This well maintained multifamily property offers an attractive setup for investors with extensive improvements already completed. The building features newer siding, replacement windows, a recently resealed parking lot, and extensively renovated apartment units. The property is all electric and individual unit utilities are the tenants’ responsibility. Each apartment has its own individual water heater, with many replaced during current ownership. Additional income is generated through coin operated laundry facilities owned and serviced by an outside company, with laundry income documentation available. Owner pays common area hallway electric averages approximately $200 per month. With tenant paid utilities, updated units, major exterior improvements, onsite parking and additional laundry income, this property presents an exciting opportunity for the next investor. Add 802 Pond Street to your investment portfolio!
Directions: Coming from I-81 Southbound (From North/Airport) Take I-81 S toward downtown Syracuse.
The exit for Hiawatha Blvd E, Turn left onto Hiawatha Blvd E, Turn right onto 1st North Street, Turn left onto Pond Street.Property is on the Left.
Property Details
Property Id: 1367965
Price: $ 2,520,000
Property Size:25,116.00 ft2
Property Lot Size:0.53 ac
Bedrooms: 27
Waterfront Y/N: No
Basement: Full
Bedrooms Total: 27
Building Sq Ft Total: 25116
Community Features: Other, SeeRemarks
Directions: Coming from I-81 Southbound (From North/Airport) Take I-81 S toward downtown Syracuse.
The exit for Hiawatha Blvd E, Turn left onto Hiawatha Blvd E, Turn right onto 1st North Street, Turn left onto Pond Street.Property is on the Left.
Elementary School District: Syracuse
Flooring: Carpet, Resilient, Varies
Gross Income: 321870
Heating: Electric, Gas, Baseboard
High School District: Syracuse
Latitude: 43.070275
List Office Name: Candy Costa Real Estate LLC
List Office Phone: 315-505-6609
List Price: 2520000
Listing Id: S1713238
Living Sq Ft: 25116
Longitude: -76.1503
Lot Features: CornerLot, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Description: Excellent investment opportunity at 802 Pond Street, Syracuse! This well maintained multifamily property offers an attractive setup for investors with extensive improvements already completed. The building features newer siding, replacement windows, a recently resealed parking lot, and extensively renovated apartment units. The property is all electric and individual unit utilities are the tenants' responsibility. Each apartment has its own individual water heater, with many replaced during current ownership. Additional income is generated through coin operated laundry facilities owned and serviced by an outside company, with laundry income documentation available. Owner pays common area hallway electric averages approximately $200 per month. With tenant paid utilities, updated units, major exterior improvements, onsite parking and additional laundry income, this property presents an exciting opportunity for the next investor. Add 802 Pond Street to your investment portfolio!
Rent Includes: CommonAreaMaintenance, SnowRemoval
Road Frontage: CityStreet
Roof: Asphalt
StateOrProvince: NY
Stories: 3
Street Name: Pond
Street Number: 802
Street Number Numeric: 802
Street Suffix: Street
Total Taxes: 44721
Assessed Value: 850000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1965
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
BlacktopDriveway
ElectricOven
ElectricRange
ElectricWaterHeater
ExhaustFan
Has Heating System
RangeHood
Refrigerator
Virtual Tour
Map
Courtesy Of : Candy Costa Real Estate LLC
315-505-6609
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.
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