1516 Valley Drive
Syracuse, NY, 13207
$187,500
3 Beds
4 Baths
2,619 SqFt
0.1 Acres
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Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 2 full bathroom house! Both units are currently rented out for a total gross monthly rent of $2,375 effective 1/1/2025. This presents terrific potential cashflow for an investor! Convenience is key, and this property delivers; nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse’s vibrant amenities. Not to mention there is also off-street parking, a rare find in this bustling area! This property has the ability to be sold as a package with the one right next door, 1522 Valley Dr Syracuse, NY. MLS Number: S1577380. It does NOT need to be sold as a package.

Property Details

Price:
$187,500
MLS #:
S1580056
Status:
Active
Beds:
3
Baths:
4
Address:
1516 Valley Drive
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
North Valley
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Dec 5, 2024
State:
NY
Finished Sq Ft:
2,619
Total Sq Ft:
2,619
ZIP:
13207
Lot Size:
4,250 sqft / 0.10 acres (approx)
Year Built:
1960
Units:
2
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Schools

School District:
Syracuse

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Window Units
Flooring
Carpet, Hardwood, Laminate, Varies
Heating
Gas, Forced Air

Exterior

Construction Materials
Frame, Vinyl Siding
Exterior Features
Fence, Private Yard, See Remarks
Parking Features
Paved, Two Or More Spaces

Financial

Taxes
$4,350

Map

Community

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1516 Valley Drive
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