101-111 Polk Street
Syracuse, NY, 13224
$2,300,000
7 Beds
0 Baths
17,760 SqFt
1.03 Acres
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RARE 42-unit apartment building. Main building – 32 units all efficiency/studios @ $600/month. Building directly west is 9 units – 6 units are 1 bed & 3 units are efficiency/studios from $600-$900/month. 2 bedroom SFR on property included & rented $1,050/month. Entire property parking area freshly paved & striped with +-35 spots. Main building – 8 year roof with new trusses & OSB decking with 30 year asphalt shingle. 9 unit building has rolled roof. Main building has electric panel/meter for each unit, tenants pay own electrical. Heating in each unit is electric. 2 new large hot water tanks run hot water for all units & landlord pays gas. In 9 unit building, there is a new boiler that heats all units & landlord pays for that and it has been recently vinyl sided. Landlord is responsible for water/sewer for the entire property. Roughly 90% of interiors have been renovated with new vinyl flooring, bathrooms, paint & kitchens. New main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op laundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding. 100% occupied due to lower rents with no delinquency.

Property Details

Price:
$2,300,000
MLS #:
S1556595
Status:
ActiveUnderContract
Beds:
7
Baths:
0
Address:
101-111 Polk Street
Type:
Single Family
Subtype:
Other
Subdivision:
Near Eastside
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Aug 5, 2024
State:
NY
Finished Sq Ft:
17,760
Total Sq Ft:
17,760
ZIP:
13224
Lot Size:
44,832 sqft / 1.03 acres (approx)
Year Built:
1960
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Schools

School District:
Syracuse

Interior

Appliances
Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
Flooring
Laminate, Varies
Heating
Electric, Gas, Baseboard, Space Heater
Laundry Features
Coinoperated

Exterior

Community Features
Laundry Facilities
Construction Materials
Vinyl Siding
Exterior Features
Blacktop Driveway
Parking Features
Threeormore Spaces, No Garage
Roof
Asphalt, Membrane, Metal, Rubber

Financial

Taxes
$42,732

Map

Community

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101-111 Polk Street
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