802 Pond Street, Syracuse

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!