Standardized Operating Procedure of Purchase

Entirely newly renovated two-family home located on a quiet, well-maintained street in Syracuse’s Southside neighborhood. The property features separate gas meters, electrical panels, and in-unit laundry hookups, allowing for fully separate utilities for each unit.

Both apartments offer 2 bedrooms and 1 full bathroom, with comfortable living spaces and private utilities. Each unit also includes a full eat-in kitchen and provides ample additional storage space. New appliances—includes stoves/ovens and refrigerators—will be installed in both units. Please note, utilities are currently turned off.

Conveniently situated near public transportation, schools, and local amenities, this property is ideal for both owner-occupants and investors. Add this turnkey two-unit building to your portfolio with confidence.

This property is projected a 14–15% cap rate once fully rented at market rents. The units were vacated to enable the whole house renovations to occur. Additionally, the property management company is available and willing to continue managing the building, if needed.

Major improvements completed in 2025/26 include:
• New roof • New siding • New plumbing supply lines • New electrical 100-amp panels • New flooring throughout the property • New front entry doors • New back deck • New paved driveway • Washer and dryer hook-ups installed in the apartments • New bathrooms including new tubs, tub/shower diverters, and tile • New kitchen cabinets in the first-floor unit • New bathroom vanities in both the first and second-floor units

MULTIPLE OFFERS RECEIVED – Best & Final Offers due – Thursday, March 26th by 12PM