$71,000
$64,900
9.4%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
2 Baths
1,928 SqFt
SOLD DATE : 06/07/2025
Key Details
Sold Price $71,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,928 sqft
Price per Sqft $36
MLS Listing ID S1598896
Sold Date 06/07/25
Bedrooms 7
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1917
Annual Tax Amount $2,477
Lot Size 2,770 Sqft
Acres 0.0636
Lot Dimensions 28X99
Property Sub-Type Multi Family
Property Description
Investor Special – Two-Unit Property with Major Upside!
Attention investors and savvy buyers – here's your chance to own a two-unit multifamily property with huge potential! Located in a desirable area with strong rental demand, this separately metered building (gas & electric) is primed for a full renovation and long-term cash flow.
The property features vinyl siding and a solid footprint, making it an ideal canvas for your next project. Each unit offers the opportunity for spacious layouts that, once renovated, can easily command market rents of approximately $3,200/month combined.
Highlights:
• Two-unit investment property
• Separately metered for gas & electric
• Full gut renovation needed – bring your contractor and vision
• Market rents ~$3,200/month post-reno
• Low-maintenance vinyl siding
• Great potential for BRRRR strategy or long-term rental portfolio
Whether you're looking to flip, house hack, or hold, this property offers the bones and location for a strong return on investment. Don't miss this value-add opportunity!
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction Take Lodi to Kirkptatrick
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 1
Sewer Connected
Water Connected, Public
Level or Stories One
Structure Type Other,Vinyl Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-007-000-0017-014-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Kirnan Real Estate