Welcome to 201 Markland Avenue in Syracuse—a solid 3-unit multifamily investment opportunity situated on a corner lot with off-street parking and established long-term tenants already in place. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering a unit mix with strong rental potential. Each unit includes its own dedicated storage space. Residents pay their own gas and electric utilities. Currently generating $2,525 in gross monthly rental income, this property provides immediate cash flow with plenty of upside potential for an investor looking to increase rents over time and maximize the property’s performance. With long-term occupancy, tenant-paid utilities, off-street parking, individual storage, and a convenient corner-lot setting, 201 Markland Avenue is a great opportunity to add a versatile income-producing property to your portfolio.
Description: Welcome to 201 Markland Avenue in Syracuse—a solid 3-unit multifamily investment opportunity situated on a corner lot with off-street parking and established long-term tenants already in place. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering a unit mix with strong rental potential. Each unit includes its own dedicated storage space. Residents pay their own gas and electric utilities. Currently generating $2, 525 in gross monthly rental income, this property provides immediate cash flow with plenty of upside potential for an investor looking to increase rents over time and maximize the property's performance. With long-term occupancy, tenant-paid utilities, off-street parking, individual storage, and a convenient corner-lot setting, 201 Markland Avenue is a great opportunity to add a versatile income-producing property to your portfolio.
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