318 East Division Street Syracuse NY 13208 MLS #S1589939

Prime Investment Opportunity – 5-Unit Mixed-Use Property

This well-maintained 5-unit mixed-use building presents an excellent investment opportunity with strong rental income and upside potential. The property consists of four occupied residential units and one vacant commercial storefront, offering a diverse income stream.

Key Features:
• Strong Cash Flow – Currently grossing $5,332 per month, with the potential to reach the mid-$6,000s once the commercial space is leased.

• Reliable Tenancy – A majority of the residential rent is subsidized, ensuring consistent and secure rental payments.

• Separate Utilities – Individually metered gas and electric, minimizing landlord expenses.

• Opportunity for Growth – The vacant storefront provides the chance to add value with a new tenant

This property is perfect for investors seeking stable income with room to increase returns. Don’t miss out on this versatile and income-generating asset!