Money maker located close to downtown, shopping, all services, schools. Tenants are month to month. Owner has done many renovations. New roof. Upper Flat is completely renovated, new appliances, Paint, Bath – new toilet, shower, flooring and more. First floor flat has some upgrades, a fixture, exhaust fan, kitchen faucet. Utilities are separate. Everything is in good working order. Rental Registry for the City of Syracuse is required. $150 application with the Division of Code Enforcement and the property must pass inspection every three years. Cash on Cash return – 13%plus. Cash offers preferred.
Lot Features: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Acres: 0.06
Lot Acres: 0.06
Lot Dimensions: 33X74
Middle School District: Syracuse
Status: ActiveUnderContract
Net Operating Income: 23009
Operating Expense: 2373
Operating Expense Includes: Insurance
Patio & Porch Features: Deck
Photos: 20
Possession: CloseOfEscrow
Postal City: Syracuse
Zip Code: 13208
Description: Money maker located close to downtown, shopping, all services, schools. Tenants are month to month. Owner has done many renovations. New roof. Upper Flat is completely renovated, new appliances, Paint, Bath - new toilet, shower, flooring and more. First floor flat has some upgrades, a fixture, exhaust fan, kitchen faucet. Utilities are separate. Everything is in good working order. Rental Registry for the City of Syracuse is required. $150 application with the Division of Code Enforcement and the property must pass inspection every three years. Cash on Cash return - 13%plus. Cash offers preferred.
Rent Includes: Water
Road Frontage: CityStreet
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Name: Bear
Street Number: 416
Street Number Numeric: 416
Street Suffix: Street
Total Taxes: 2938
Assessed Value: 55000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1880
YearBuiltDetails: Existing
Zoning Description: Residential 2 Unit
Amenities and Features
Other Features
Basement Y/N 1
Deck
GasWaterHeater
Has Heating System
Virtual Tour
Map
Courtesy Of : Coldwell Banker Prime Prop, Inc
315-622-0161
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