Standardized Operating Procedure of Purchase

Exceptional opportunity just minutes from Syracuse University. This two-unit multifamily offers tremendous upside for owner-occupants or student housing investors. Each unit features 3 bedrooms and 1 full bathroom, spacious layouts, full kitchens, third floor bonus rooms and strong rental potential. The property needs TLC but provides a chance to add value and significantly increase income in a prime rental corridor. Ability to convert to two 5 bedroom 2 bath unit with increased capital expenditures.

Currently a 6-bedroom, 2-bath 2 unit property. The unfinished attic space offers expansion potential to increase density to a 5 bed 3 bath apartment, subject to permits. Please see conceptual floor plans.

Per the architect’s conceptual drawings (see attached), the total square footage could be 4,200 square feet.