304 Court & Alvord Street, Syracuse

Description

RARE 58-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY! Positioned at 304 Court Street & N Alvord Street in a convenient location within walking distance to major amenities, this substantial apartment complex offers investors immediate scale and multiple income-producing opportunities under one ownership.
The property features an impressive unit mix of 42 studio-style one-room efficiencies, 4 one-bedroom apartments, 10 two-bedroom apartments and 2 three-bedroom units. Units are equipped with full-size refrigerators and electric stoves. Rent includes heat, hot water and electric, providing a straightforward rental structure for tenants. The complex is serviced by 3 boiler systems and 1 hot water tank. Owner-operated coin laundry on premises provides an additional revenue stream, while on-site management is available to assist with the day-to-day operation of this sizable investment.

With 58 TOTAL APARTMENTS, diversified unit sizes, additional laundry income and a highly convenient location, this is an exceptional opportunity to acquire a significant multifamily asset and add substantial unit count to an existing portfolio. Whether expanding your current holdings or seeking a large-scale income-producing property, 304 Court Street & N Alvord Street deserves your attention. GREAT OPPORTUNITY AWAITS!