Instant cash-flowing duplex in the City of Syracuse generating $3,065 in gross monthly rent ($36,780 annually). This well-performing two-unit property features 3 bedrooms and 1 full bath in each unit, offering spacious layouts attractive to long-term tenants.
One unit is Section 8 approved and rented at $1,500/month, providing reliable income, while the second unit rents for $1,565/month. Both units are currently occupied, allowing investors to step into immediate rental income from day one.
Fully rented, cash-flowing duplex with immediate income — ideal for investors seeking a performing asset. Offered at $159,000, the property provides strong gross rental income relative to purchase price. Conveniently located near downtown, shopping, and major routes.
Lot Features: Rectangular, RectangularLot, ResidentialLot
Acres: 0.1339
Lot Acres: 0.1339
Lot Dimensions: 43X133
Middle School District: Syracuse
Status: ActiveUnderContract
Operating Expense Includes: Licenses, WaterSewer
Patio & Porch Features: Deck
Photos: 21
Possession: CloseOfEscrow
Postal City: Syracuse
Zip Code: 13207
Description: Instant cash-flowing duplex in the City of Syracuse generating $3, 065 in gross monthly rent ($36, 780 annually). This well-performing two-unit property features 3 bedrooms and 1 full bath in each unit, offering spacious layouts attractive to long-term tenants.
One unit is Section 8 approved and rented at $1, 500/month, providing reliable income, while the second unit rents for $1, 565/month. Both units are currently occupied, allowing investors to step into immediate rental income from day one.
Fully rented, cash-flowing duplex with immediate income — ideal for investors seeking a performing asset. Offered at $159, 000, the property provides strong gross rental income relative to purchase price. Conveniently located near downtown, shopping, and major routes.
Road Frontage: CityStreet
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Name: Rich
Street Number: 461
Street Number Numeric: 461
Street Suffix: Street
Total Taxes: 3239
Assessed Value: 35000
Tenant Pays: AllUtilities
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1900
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
Deck
FullyFenced
GasWaterHeater
Has Fireplace
Has Heating System
Map
Courtesy Of : Howard Hanna Real Estate
315-622-2111
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